Week in Review
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Started by TimNew - July 2, 2021, 12:17 p.m.

DatePriorCurrentRating
Dallas Fed Mfg  M/MJun-2134.9031.10C
Chicago PMI M/MJun-2175.2066.10C
PMI Mfg  M/MJun-2162.1062.10C
ISM Mfg  M/MJun-2161.2060.60C
Factory Orders  M/MMay-21-0.601.70C+
Case-ShillerHPI  M/MApr-211.601.60C+
FHFA HPI M/MApr-211.401.80C+
Pending Home Sales M/MMay-21-4.408.00B-
Construction Spending M/MMay-210.20-0.30C-
RedBook  W/W6/26/202117.6018.20C+
Jobless Claims  W/W6/26/2021411K364KB-
Consumer Confidence  M/MJun-21117.20127.30B-
State Street Investors Confidence  M/MJun-2197.9096.30C
Employment Situation M/MJun-21559K850KB-


A pretty good week.

Construction Spending  took a hit in non-residential,  but we saw a very nice turn around in Pending Home Sales. Housing prices continue to soar at  an annual rate of roughly 15% as demand continues to far out strip supply.

Mfg remains strong with Factory Orders showing a hoped for gain this month while PMI and ISM, albeit slightly tempered, remain at lofty 60+ levels.  True for just about every recent Mfg metric.

Consumers are at post pandemic high levels of confidence while investors,  while calming a bit, remain optimistic.

RedBook remains in previously unseen territory.

Jobless Claims hit a post pandemic low and have returned to the high side of normal,  for this week anyway.

And the obvious headline,  the Employment Situation came in with an impressive 850K, 15K of that from Mfg.

Can't go less than B- this week.  Let's hope these trends continue.


Comments
By metmike - July 2, 2021, 12:33 p.m.
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Thanks much Tim!

I haven't been able to follow the news much this week and was unaware of most of that stuff until you posted it!

Great news!

By metmike - July 2, 2021, 10:54 p.m.
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                Week in review compilation 2020/21            

                      Started by metmike - April 24, 2021, 6:42 p.m.           


https://www.marketforum.com/forum/topic/68446/

 

NEW: Updated with the July 2, 2021 report!

For those interested in gaining more insight(by looking back at Tim's reports)  with regards to the unprecedented movement of our economy during the historic 2020 pandemic that  is ending here in 2021.

They start with the most recent one below and go backwards.