Charts of the Week
Tracking Alternative Measures of the Housing Market
December 8, 2023
The number of homes sold each month has fallen considerably from the January 2021 high. In October, 399k homes were sold.
The number of homes sold each month has fallen considerably from the January 2021 high. In October, 399k homes were sold.
A long-term look at the price of wheat
Some interesting charts from our recent posts
Jim Bianco joins CNBC to discuss No Landing, Real GDP Growth, Sticky Inflation & the End of TINA with Kelly Evans, Steve Liesman & Nancy Tengler.
Economists’ median estimate for tomorrow’s payroll release is 186k. Estimates range from 45k to 275k. Seventy-two economists offered forecasts.
Today's topics include are the markets misinterpreting the Fed?, the Fed's impact on the economy, the battle against inflation, consumers' inflation perceptions, gold, and crypto activity picking up
Today's topics include higher for longer..., ...might not be the worst scenario for markets, inflation perceptions, does the Fed have a forward guidance problem?, assessing term premium & long-term 10-year yields, the growth of bond ETFs, zombies & corporate defaults, and the BOE voices concern over the basis trade
November's rally was among the top 10 best months for the S&P 500. The rally in risk assets was driven by two important forces: the narrative that the Fed would cut aggressively in 2024 and increasing liquidity from the New York Fed's Reserve Repo Facility. This is leading to easing financial conditions.
Today's topics include inflation-adjusted pandemic savings, the housing market's effect on consumer spending, owning vs. renting, refilling the strategic petroleum reserve, the labor market marches to its own beat, small businesses feeling the squeeze, and doubting CBDCs' usefulness