The Fed of St Louis’ Bank Financial Stress Index has skyrocketed in its latest update. OR is this old news? Or could it be that the bank performance index has underperformed the S&P500 index? It is as if markets just saw Godzilla!
The economy is heating up, giving the US some “Smokestack Lightnin’.”
For years, mortgage companies have been advertising that “mortgage rates are rising.” At last, they are actually right!
Whip it! Inflation, that is.
NEW YORK (Reuters) – Credit Suisse’s U.S. economists said on Monday they now expect the Federal Reserve to raise key U.S. short-term borrowing costs four times in 2018, one more than their earlier view
The S&P CoreLogic Case-Shiller U.S. National Home Price Index, covering all nine U.S. census divisions, reported a 5.89% annual gain in March
Politicians love to promise generous retirement benefits to government employees (mostly in exchange for being elected).
The Universtity of Michigan has released their latest Survey of Consumers. They find that consumers think that the conditions for selling a home is the highest since 2007.
Today, the Bureau of Economic Analysys releaseed their “second” estimate for the first quarter US gross domestic product (GDP), based on more complete data that the preliminary Q1 GDP estimate 0f 0.7% QoQ.
Encinatas California is located on the Pacific Ocean wedged between San Diego to the south and Marine Corps base Camp Pendleton to the north.