- GDP QoQ Annualized (Released 8:30 EST)
- Personal Consumption (Released 8:30 EST)
- GDP Price Index (Released 8:30 EST)
- Core PCE QoQ (Released 8:30 EST)
- Initial Jobless Claims (Released 8:30 EST)
- Continiuing Jobless Claims (Released 8:30 EST)
- Help Wanted Index (Released 10:00 EST)
- Existing Home Sales (Released 10:00 EST)
- Existing Home Sales MoM (Released 10:00 EST)
- Existing Home Sales Median Price (Released 10:00 EST)
- Existing Home Sales Median Price YoY (Released 10:00 EST)
- Existing Home Sales Inventories (Released 10:00 EST)
GDP QoQ Annualized (1Q F)
As expected.Ãƒâ€šÃ‚Â Weak but no recession.
Personal Consumption (1Q F)
A touch better than expected with further improvement in Q2 still expected.
GDP Price Index (1Q F)
A bit worse than expected.
Core PCE QoQ (1Q F)
More than a bit worse than expected.
GDP better than expected, and inflation worse than expected was reflected in the Fed statement, but not in Fed action.
Initial Jobless Claims (Jun 21)
Unchanged from the previous week’s report that was revised up some.Ãƒâ€šÃ‚Â Still in the new range.
Continiuing Jobless Claims (Jun 14)
A little worse than expected, prior week revised down marginally.
Weak, but no recession yet.
Help Wanted Index (May)
All evidence shows labor markets still soft.
Existing Home Sales (May)
Continuing signs of a bottom.
Levels are too low given demographics and should recover substantially even with a weak market.
Existing Home Sales MoM (May)
Better than expected.
Existing Home Sales Median Price (May)
The upturn in prices wasn’t even reported by the mainstream press while the downturns were sensationalized.
Existing Home Sales Median Price YoY (May)
Year over year price declines are far less than the case-shiller index which reports only on the largest metro areas.Ãƒâ€šÃ‚Â OFHEO prices declined even less year over year.Ãƒâ€šÃ‚Â Again, the mainstream media doesn’t report this and continues to repeat case-shiller numbers.
Existing Home Sales Inventories (May)
I thought the last spike up was suspect- might have had something to do with foreclosures hitting the list- and may now be turning down as well, following the actual numbers of new homes for sale which has been falling rapidly.