Week in Review
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Started by TimNew - Dec. 31, 2021, 8:27 a.m.

Last of the year.  Light on data,  but enough.


DatePriorCurrentRating
Dallas Fed Mfg_M/MDec-2111.808.10C
Richmond Fed MFG_M/MDec-2111.0016.00C+
Chicago PMI_M/MDec-2161.8063.10C+
Case Shiller HPI_M/MOct-210.800.80C
FHFA HPI_M/MOct-210.91.1C+
Pending Home Sales_M/MNov-217.50-2.20C-
State Street Investors   Confidence_M/MDec-21110.5085.60C-
RedBook_W/W12/25/202116.4021.40B-
Jobless Claims_W/W12/25/2021205K198KC+


State Street Investors showed a preciptous drop with no noteable shifts in fundamentals.   But this metric measures actual positions and this may simply be a reflection of year end portfolio adjustments for tax purposes, etc.   Let's see what happens next month before forming conclusions. C- for now.

House Prices continue to appreciate at around 18-19% per annum in what are nearly unprecedented market dynamics.  

Mfg remains positive with Chicago PMI remaining in uncharted territory. This in spite of labor and supply chain issues.

Redbook had a nice jump for the Christmas week.   Still waiting for final holilday retail numbers,  but this bodes well.

And Jobless Claims remain at historic lows as employers dare not part with employees.

A solid C+ for the week.   

Comments
By metmike - Dec. 31, 2021, 9:29 a.m.
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Thanks very much Tim.

Some very unusual to unprecedented things going on in the economy right now, would you agree with that?

Which makes projecting the future very uncertain.

By metmike - Dec. 31, 2021, 9:36 a.m.
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A compilation of Tim's wonderful contributions here the past 2 years with regards to these comprehensive reports:

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

By TimNew - Dec. 31, 2021, 1:35 p.m.
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Every year shows brand new dynamics, but I don't recall seeing this many dynamics in a short span.