(While Mortgage Purchase Apps Only At 1997 Levels) The National Association of Homebuilders (NAHB) released their monthly Market Index reflecting the sentiment of their members.
Capacity Utilization Falls To 76.6%. The Fed stopped doing quantitative easing,industrial production growth started to decline. The same holds true for US Capacity Utilization. Capacity…
While 2017 consensus GDP growth remains mired at (an optimistic 2.2%) and with Q2 GDP expectations sliding from their quarter-start hope highs (amid collapsing economic data)
Closely watched trader Art Cashin doesn't believe the Fed's assurance that it plans to raise interest rates at least one more time this year.
Federal government still ran a deficit of $88,426,000,000 in May—because it spent $328,844,000,000 in the month.
Two out of every three states in America took in less tax revenue than expected this year, the worst performance since the depths of the recession
Technical analyst Jack Chan charts the week's movement in the gold and silver markets, continuing to track a multimonth correction.
Just because they are Fed Officials doesn't mean the know what they're doing
The Fed is currently at a crossroads: the uncertainty about key economic indicators remains elevated
The bond market is screaming that the economy is about to slow down. The US 2/10 year Treasury spread is below 80 bps.
Let's do some analysis of the Consumer Price Index, the best known measure of inflation. The Bureau of Labor Statistics (BLS) divides all expenditures into eight categories and assigns a relative size to each.
Illinois is essentially bankrupt. Unfortunately, there is no provision for states to declare bankruptcy.
In the midst of an unprecedented economic and fiscal crisis, Puerto Rico held its fifth status referendum in 50 years last Sunday.
US Manufacturing output dropped 0.4% MoM in May (the biggest drop since Feb 2015), missing expectations of a 0.1% rise by three standard deviations.
t's going to get worse before it gets better... no matter what China does now (it's already baked into the cake for the next 9 months).
Bitcoin prices are tumbling (down 25% from record highs to 2-week lows) as cryptocurrencies face uncertainty on three fronts.
The Fed wants to start shrinking its balance sheet. That it may not start doing this right away or could reverse this at any time is irrelevant right now… The IMPORTANT THING is the Fed BROADCASTING what it wants. This is just like the 2013 QE taper: the Fed broadcast that it was coming for
U.S. stock futures dropped while the dollar advanced as traders digested the more hawkish tone struck by the Federal Reserve.
Elevating the risk of a selloff in the world’s priciest housing market.
Singapore home sales fell 34 percent in May as fewer new projects were launched.