by Calculated Risk on 2/17/2025 06:23:00 PM Weekend:• Schedule for Week of February 16, 2025 Tuesday:• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for February. The consensus is for a reading of -1.0, up from -12.6. • At 10:00 AM, The February NAHB homebuilder survey. The consensus is for a…
Experts believe that Bitcoin is heading for a period of prosperity. The first cryptocurrency is paving its way upward thanks to an influx of capital. This source of growth for BTC remains strong, although the situation could change at any moment. Currently, Bitcoin is fluctuating around $97,000, which is an expansion of the range it…
by Calculated Risk on 2/17/2025 02:08:00 PM I usually celebrate President Washington’s birthday by reading his Farewell Address. A brief excerpt: To the efficacy and permanency of your Union, a Government for the whole is indispensable. No alliances, however strict, between the parts can be an adequate substitute; they must inevitably experience the infractions and…
by Calculated Risk on 2/17/2025 10:47:00 AM Today, in the Calculated Risk Real Estate Newsletter: Lawler: Early Read on Existing Home Sales in January A brief excerpt: From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National…
Japan’s economy is showing signs of stagnation. By the end of 2024, the country’s GDP growth was only 0.1%, which is significantly lower than in 2023, when the economy grew by 1.5%. Nominal GDP, reflecting the size of the economy at current prices, reached 609.29 trillion yen (about $4 trillion), exceeding the 600 trillion yen…
Chinese companies are setting records for dividend payments and share buybacks thanks to corporate governance reforms. In 2024, they paid 2.4 trillion yuan (about $328 billion), and in 2025, according to forecasts, this amount will reach 3.5 trillion yuan. State-owned enterprises such as PetroChina and CNOOC demonstrate dividend yields above 7%, which makes Chinese stocks…
by Calculated Risk on 2/16/2025 06:31:00 PM The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 8 February. … 2-8 February 2025 (percentage change from comparable week in 2024): • Occupancy: 55.9% (-0.5%)• Average daily rate (ADR): US$156.03 (-2.2%)• Revenue per available room (RevPAR): US$87.22 (-2.7%)emphasis added The following graph…
by Calculated Risk on 2/16/2025 09:09:00 AM What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For January, Realtor.com reported inventory was up 24.6% YoY, but still down 24.8% compared to the 2017 to 2019 same month levels. …
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Q4 NY Fed Report: Mortgage Originations by Credit Score, Delinquencies Increase, Foreclosures Remain Low • Part 1: Current State of the Housing Market; Overview for mid-February 2025 • Part 2: Current State of the Housing Market; Overview for mid-February…
by Calculated Risk on 2/15/2025 08:11:00 AM The key reports this week are January Housing Starts and Existing Home sales. For manufacturing, the February New York and Philly Fed manufacturing surveys will be released. —– Monday, February 17th —– All US markets will be closed in observance of Washington’s Birthday. —– Tuesday, February 18th —–…