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Tuesday, 26 May 2015
New Home Sales increased to 517,000 Annual Rate in April
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The Census Bureau reports New Home Sales in April were at a seasonally adjusted annual rate (SAAR) of 517 thousand. The previous three mo...
Case-Shiller: National House Price Index increased 4.1% year-over-year in March
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S&P/Case-Shiller released the monthly Home Price Indices for March ("March" is a 3 month average of January, February and Mar...
Monday, 25 May 2015
Tuesday: New Home Sales, Case-Shiller House Prices, Durable Goods and More
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From Bloomberg: What Would Happen If Greece Doesn’t Pay the IMF: Q&A Q: What will the IMF do? A: A missed payment date starts the clo...
Polish Voters Elect Eurosceptic President; Disenchantment with Brussels Spreads
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Andrzej Duda outed president Bronisław Komorowski, the the pro-Brussels incumbent centrist Civic Platform party president, in an election ov...
Gasoline Prices: Down a Dollar from last year on Memorial Day
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According to Gasbuddy.com (see graph at bottom), gasoline prices are down to a national average of $2.75 per gallon. One year ago for the we...
Sunday, 24 May 2015
Hotels: RevPAR up almost 50% since 2009
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Revenue per available room (RevPAR) is now at $85.50. In May 2009, RevPAR had fallen to $58.39 . So, RevPAR is up 46.9% over the last 6 year...
Angry Voters Hand Spain’s Ruling Party Heavy Regional Losses; Podemos Scores Upset Victories in Barcelona, Madrid
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The Spanish economy will supposedly grow at three percent. The bad news is Spanish employment is well over 20 percent and is also expected t...
Greece Will Default on June IMF Repayment Says Interior Minister; Greek Choice Same As It's Always Been
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One way or another the crisis in Greece is highly likely to come to a head in June. Greek finances are in such sorry shape it needs a thir...
Report: Greece will not make June IMF Payment
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From the WSJ: Greece Won’t Meet IMF Repayments in June, Interior Minister Says Greece said Sunday that it won’t have the money it is due to...
Saturday, 23 May 2015
Project Bookend: BoE Emails Guardian Top Secret Documents on Brexit, Including PR Notes on How to Deny the Project
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Incompetence at Its Finest Here's a major laugh for a long holiday weekend in the US: Secret Bank of England taskforce investigates fi...
Rand Paul: Unleashing the American Dream
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Those living in or near Chicago have the opportunity to hear Senator Rand Paul in a discussion about how to transform Chicago, the state of ...
Schedule for Week of May 24, 2015
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The key reports this week are April New Home sales on Tuesday, the 2nd estimate of Q1 GDP on Friday, and March Case-Shiller house prices on ...
Friday, 22 May 2015
ATA Trucking Index decreased 3% in April
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Here is an indicator that I follow on trucking, from the ATA: ATA Truck Tonnage Index Fell 3% in April American Trucking Associations’ adva...
Yellen Yap: Point by Point Rebuttal
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Inquiring minds are reading Fed Chair Janet Yellen's Outlook for the Economy speech, delivered today at the Providence, Rhode Island Ch...
Yellen: Expect Rate Hike in 2015, Several Years before Fed Funds Rate "back to normal" level
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From Fed Chair Janet Yellen: The Outlook for the Economy [I]f the economy continues to improve as I expect, I think it will be appropriate ...
CPI Shows Sharply Rising Medical Costs; Huge Obamacare Hikes Planned
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The CPI came in exactly inline with the Bloomberg Consensus option today. It's the details, not the overall number that is worrying. ...
Key Measures Show Low Inflation in April
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The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the m...
BLS: CPI increased 0.1% in April, Core CPI increased 0.3%
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From the BLS : The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in April on a seasonally adjusted basis , the...
Black Knight: Mortgage Delinquencies increased slightly in April
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According to Black Knight's First Look report for April, the percent of loans delinquent increased 1% in April compared to March, and d...
Thursday, 21 May 2015
Another US Foreign Policy Success: Isis Controls Half of Syria after Palmyra Seizure
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Congratulations are in order for team Bush and team Obama for another stunning US foreign policy success: Isis Controls Half of Syria after ...
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