This week we have JOLTs (Job Openings Labor Turnover Survey) for April with the S&P PMI for May, Average Hourly Earnings Month over Month, and Unemployment rates – key indicators of labor market tightness and labor cost inflation. This could have an impact on the future of interest rates, which many are hoping to seeContinue reading “Data & More (E28)”
Tag Archives: Finance
Follow the Data (E27)
This week we have important data coming in on homes selling at a faster rate for the month of April, with new home sales falling by 4.7% from March to April. The decrease in new home sales has raised concerns among analysts, who are closely monitoring this trend. Additionally, initial jobless claims declined by 8,000,Continue reading “Follow the Data (E27)”
Stocks, Housing, & Crypto (E26)
The stock market has reached new highs, with the S&P exceeding 530. Despite high interest rates, the housing market shows no signs of slowing down nor being affected. Crypto continues to fluctuate between 60k-70k. Concerns arise regarding the national debt and the potential for the Fed to lower rates to facilitate refinancing. This week, theContinue reading “Stocks, Housing, & Crypto (E26)”
Stock, CPI, Crypto, & Housing… (E25)
So many exciting developments unfolded today! GME, or GameStop, experienced a significant surge, likely influenced by a tweet from Roaring Kitty, which sparked renewed interest in the stock. It’s important to remember the inherent risks associated with investing in volatile stocks like GME, and to only invest money that you can afford to lose. Additionally,Continue reading “Stock, CPI, Crypto, & Housing… (E25)”
What a wild ride! (E19)
The current economic landscape presents an interesting mix of factors. The Federal Reserve maintaining a hawkish stance indicates a cautious approach to inflation and interest rates, which can have widespread effects on borrowing, spending, and investment. The upcoming Bitcoin halving event adds another layer of complexity, as it often impacts the supply and demand dynamicsContinue reading “What a wild ride! (E19)”
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