Personal Income and Consumption Aug 2022
Personal income rose 0.3% in August, matching consensus expectations. Personal consumption rose 0.4% in August, beating the consensus expected +0.2%. […]
Personal income rose 0.3% in August, matching consensus expectations. Personal consumption rose 0.4% in August, beating the consensus expected +0.2%. […]
View from the Observation Deck 1. Today’s blog post features the total return performance figures for the major global stock […]
Real GDP growth in Q2 remained at a -0.6% annual rate, matching consensus expectations. An upward revision in personal consumption […]
New single-family home sales increased 28.8% in August to a 0.685 million annual rate, easily beating the consensus expected 0.500 […]
New orders for durable goods declined 0.2% in August, narrowly beating the consensus expected -0.3%. Orders excluding transportation increased 0.2% […]
View from the Observation Deck 1. The yield on the 10-year Treasury note (T-note) closed at an all-time low of […]
We had been bullish on stocks all the way back to March 2009, when mark-to market accounting was fixed and […]
View from the Observation Deck 1. Year-to-date through 9/16/22, the S&P 500 Index was down 17.80% on a total return […]
Existing home sales declined 0.4% in August to a 4.800 million annual rate, beating the consensus expected 4.700 million. Sales […]
Housing starts increased 12.2% in August to a 1.575 million annual rate, easily beating the consensus expected 1.450 million. Starts […]
We know many people think we are beating a dead horse, but this horse is far from dead. Instead, she’s […]
