INDUSTRY REPORT SERIES Existing home sales in the US declined 5.9% to a seasonally adjusted annual rate of 4.81 million in July of 2022, the lowest since May of 2020 and below market expectations of 4.89 million. Sales declined for a sixth consecutive month, reflecting the impact of the mortgage rate peak of 6% in … Read more
REPORT SERIES Look for market volatility next Week on Wednesday the 17th with retail sales reports and Thursday the 18th with job reports. AUGUST 15th THRU 19th CALENDAR TIME (ET) REPORT PERIOD ACTUAL … Read more
INDUSTRY REPORT SERIES AAII Sentiment Survey July 21, 2022 Pessimism among individual investors about the short-term direction of the stock market continued to decline, falling to a seven-week low in the latest AAII Sentiment Survey. At the same time, optimism extended its rebound into a second week by rising to a seven-week high. Survey Says … Read more
INDUSTRY REPORT SERIES The U.S. economy will continue to expand for the rest of 2022, say the nation’s purchasing and supply executives in the Spring 2022 Semiannual Economic Forecast. Expectations for the remainder for 2022 are similar to those expressed in December 2021, despite continued inflation and geopolitical unrest. The Services PMI® registered 55.3. Summary … Read more