by Calculated Risk on 11/22/2024 10:18:00 AM Today, in the CalculatedRisk Real Estate Newsletter: Preliminary 2025 Housing Forecasts Excerpt: Towards the end of each year, I collect some housing forecasts for the following year – and also provide my own outlook. Several more forecast will be available in early December.…The table below shows several early forecasts…
by Calculated Risk on 11/22/2024 08:11:00 AM The new administration is talking about cutting the number of federal government employees. This raises the question of how many people are employed by the Federal government? The following data is from the BLS and does not include military personnel. The first graph shows total government employment (Federal,…
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 10:00 AM ET, University of Michigan’s Consumer sentiment index (Final for November). Source link
Investors continue to actively invest in cryptocurrency, expecting favorable policy changes under the new president. This was reflected in the bitcoin exchange rate, which increased by almost 6% and reached $97,458. Shares of cryptocurrency-related companies are also showing growth. MicroStrategy, one of the largest companies investing in bitcoin, rose 3% after a previous increase of…
by Calculated Risk on 11/21/2024 10:51:00 AM Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Increased to 3.96 million SAAR in October Excerpt: As expected, existing home sales were up year-over-year for the first time since 2021. This was a combination of weak sales in October last year and lower mortgage rates in…
by Calculated Risk on 11/20/2024 08:18:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 222 thousand initial claims, up from 217 thousand last week. • Also at 8:30 AM, the Philly Fed…
The European Central Bank (ECB) has expressed alarm about a possible bubble in the stock market related to artificial intelligence (AI). In its semi-annual financial stability review, the ECB noted that the stock market, especially in the United States, is increasingly dependent on several companies considered leaders in the field of AI. This concentration raises…
by Calculated Risk on 11/20/2024 02:33:00 PM Container traffic gives us an idea about the volume of goods being exported and imported – and usually some hints about the trade report since LA area ports handle about 40% of the nation’s container port traffic. The following graphs are for inbound and outbound traffic at the…
by Calculated Risk on 11/20/2024 12:35:00 PM Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: ABI October 2024: Business conditions at architecture firms begin to moderate The AIA/Deltek Architecture Billings Index (ABI) score for the month was 50.3, meaning that the share of firms that…
The main events by the morning: November 20 Source link