WEEKLY ECONOMIC UPDATE – 2018-02-26
Demand is high, prices are high, and inventory is slim. In view of these factors, the 4.8% year-over-year fall for existing home sales just reported by the National Association of …
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WEEKLY ECONOMIC UPDATE – 2018-02-19
INFLATION SUDDENLY INTENSIFIES The Consumer Price Index rose 0.5% in January, its greatest month-over-month advance since January 2017. Core inflation (minus food and energy prices) increased 0.3%, marking the largest …
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WEEKLY ECONOMIC UPDATE – 2018-02-12
WALL STREET SEES ITS FIRST CORRECTION SINCE 2016 On Friday, the S&P 500 settled at 2,619.55, down 5.16% for the week. Thursday, it entered correction territory just nine days after …
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WEEKLY ECONOMIC UPDATE – 2018-02-05
In January, average hourly pay was 2.9% higher than it was a year earlier. That was the key takeaway from the Department of Labor’s latest jobs report, which noted the …
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