Statistic | For | Actual | Briefing Forecast | Market Expects | Prior | Revised From |
Existing Home Sales | Oct | 5.60M | 5.38M | 5.40M | 5.49M | 5.47M |
MBA Mortgage Index | 19-Nov | 5.50% | NA | NA | -9.20% | - |
Initial Claims | 19-Nov | 251K | 245K | 243K | 233K | 235K |
Continuing Claims | 12-Nov | 2043K | NA | NA | 1977K | - |
Durable Orders, Ex-Transportation | Oct | - | NA | NA | 0.20% | - |
Durable Orders | Oct | 4.80% | 2.20% | 1.10% | 0.40% | -0.10% |
FHFA Housing Price Index | Sep | 0.60% | NA | NA | 0.70% | - |
New Home Sales | Oct | 563K | 580K | 587K | 574K | 593K |
Michigan Sentiment - Final | Nov | 93.8 | 91.8 | 91.6 | 91.6 | - |
Crude Inventories | 19-Nov | -1.255M | NA | NA | 5.274M | - |
Natural Gas Inventories | 19-Nov | - | NA | NA | 30 bcf | - |
Natural Gas Inventories | 19-Nov | -2 bcf |
Click the link if the data come out garbled; bottom line is that we got lots of good news and it looks like a Dec. rate hike's on the way:
This is not possible. We were told by our betters that a Trump win would crater the world’s financial systems.
Paul Krugman: The Economic Fallout
2016-11-09T00:42:44-05:00 12:42 AM ET
It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?
snip
So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.
http://www.wsj.com/articles/retailers-push-early-start-to-black-friday-sales-1479992401
Retailers Push Early Start to Black Friday Sales
By Suzanne Kapner
Updated Nov. 24, 2016 9:21 p.m. ET
Shoppers spent $27.2 billion between Nov. 1 and Nov. 23, a 4.3% increase over a year ago during that same time frame, according to Adobe Systems Inc., which analyzed data from 21 billion visits to retail websites. Adobe predicted that online spending on Thanksgiving Day would reach $2 billion, up 16% from a year ago.
snip
The National Retail Federation forecasts total holiday shopping will rise 3.6% to $655.8 billion from a year ago with 137.4 million people shopping in stores and online during Thanksgiving weekend alone.
In what some analysts have dubbed the Trump Bump, they are hopeful that President-elect Donald Trump will stimulate the economy and lower taxes, which means a large segment of the population that was previously reluctant to spend, wrote Citi analyst Paul Lejuez, in a research note, now feels better.
How reliable is this data? Is it being released to justify a rate hike which would cause the markets to tank (at least temporarily) and complicate President Trump’s plans?
The past 7.87 years the world’s economy reacted bearishly towards an America run like an African potentate by a goof and his party of criminals.
That the economic engines of the world have become energized so dramatically with only the election of a new sheriff, speaks well of the selection.
God Bless The Trumps and Bless America!