Week in Review
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Started by TimNew - June 25, 2021, 11:19 a.m.

DatePriorCurrentRating
Chicago Fed Natl Activity M/MMay-210.240.29C+
Richmond Fed Mfg M/MJun-2118.0022.00C+
Kansas City Fed Mfg M/MJun-2126.0027.00C+
Durable Goods M/MMay-21-1.302.30C+
Existing Home Sales M/MMay-215.85M5.80MC
New Home Sales M/MMay-21863K769KC-
Personal Income M/MMay-21-13.10-2.00C-
Personal Spending M/MMay-210.500.00C
RedBook W/W6/19/202116.4017.60C+
Jobless Claims W/W6/19/2021412K411KC
Consumer Sentiment M/MJun-2186.4085.50C
GDP Q/QQ16.406.40C
Corporate Profits Q/QQ125.2028.10C+


Not a very exciting week either way,  but some good data.

Home Sales continue to struggle with inventory, labor and material costs as interest levels remain low and demand remains high with the eco-expansion.

Personal Income took a slight hit.  Last momth, I theorized that we had a lot of low income workers entering the market place significantly impacting income,  but, after a little research,  I was suprised to learn why I was at least partially wrong.  Apparently,  stimulus checks are counted as personal income.  Makes perfect sense,  but never occured to me.  Spending was flat.

Consumer Sentiment was essentially flat.

Jobless Claims also essentially flat in a slightly too high range.  Not sounding any alarms for me,  but worth watching.

Mfg remains strong with Durable Goods rebounding nicely.

Redbook continues to advance into uncharted territory.   I need to find the time to dig into these unreal numbers.

GDP remains at a very repectable 6.4 and Corporate Profits actually edged up a bit further.

I'll go with a solid C+ because the week deserves it,   uninteresting as it was for the most part.   But I guess with the wild moves of the last year or so, normal will be boring.   I can live with that.



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By metmike - June 25, 2021, 3:34 p.m.
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Thanks  a ton Tim!