Pending home sales slip, Dallas Fed gains, Black Knight reports higher, but slowing real estate prices, Lloyds bank gets fined for LIBOR.
Posts under ‘Daily Market Comment’
Durable Goods orders beat in June. Homes with negative equity continues to slip. The CME gets accused of substantial trade rigging.
New home sales miss big, previous months revised lower. Kansas City Fed jumps. Initial unemployment claims slip below 300,000.
BLS shows substantial price declines in durable goods last year. SF Fed reports anemic wages for college grads and a negative outlook.
The official inflation rate remains low. Existing homes sales gain as do prices in June. Post bust business spending remains anemic.
Chicago Fed Index slips in June but remains positive. Commercial Real Estate prices gain in May. Inequality is decreasing?
No state has an unemployment rate over 8% in June. Leading economic indicators miss big. Imports turn up notably in the last 12 months.
BlackRock and Pimco sue the banksters for 250 billion over defective mortgage investments. Q 1 productivity fell 6%? Philly Fed jumps.
Stocks gain on mixed data. Real estate sales miss for a 6th consecutive month from a year ago in June, but prices keep going up.
Despite solid job gains Gallup reports that consumer spending fell in June, again part time jobs are not conducive to economic recovery.