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Housing Prices Slow: Second Month of Slower Housing Numbers

Housing prices today showed their second consecutive month of slower increases. The latest Housing news follows weaker guidance last week on

Craig lazzaraGeorge ratiuPhil mickelsonFederal reserveShiller national home price indexHousing prices slowSecond monthSlower housing numbersPrices slowToday mayChief correspondentEuro tourRyder cupEuro tournamentsHousing prices slow second month of slower numbers

Housing Recession: Sales of Existing Homes Drop 20 2%

The current Housing Recession is manifesting itself in new home starts (down) and builder confidence (down). But the last date is also existing home starts

United statesPhil mickelsonLawrence yunAl binghamNational association of realtorsHousing recessionExisting homes dropNational associationMomentum loansChief correspondentEuro tourRyder cupEuro tournamentsHousing recession sales of existing homes drop 20 2

Inflation Cools in July CPI; Likely Sept Fed Interest Rate Hike of 75 Basis Point

ST LOUIS (LALTE) – Inflation cooled in the July CPI (Consumer Price Index) released today. But inflation has not necessarily peaked earlier.

Phil mickelsonMichelle bowmanNancy davisBianco researchFederal reserveInflation coolsInterest rate spikesConsumer price indexQuadratic capitalReserve governor michelle bowmanChief correspondentEuro tourRyder cupEuro tournamentsInflation cools in july cpi likely sept fed interest rate hike of 75 basis point

Inflation Softens in July PPI, but Jobless Claims Rise

Today the Bureau of Labor Statistics released the PPI. But the number was all relative. First it was the first monthly decrease since April 2020

Jeffrey roachPhil mickelsonLabor departmentBureau of labor statisticsDow jonesFederal reserveInflation softensJobless claims riseLabor statisticsThree fedChief correspondentEuro tourRyder cupEuro tournamentsInflation softens in july ppiBut jobless claims rise

Wall Street Losses Grow Ahead of Powell at Jackson Hole

Wall Street continued its losses today August 23, 2022 across all major indices after Monday's dramatic downturn.

United statesPhil mickelsonDavid kostinRobert cantwellFederal reserveWall street weakness aheadPowell jackson holeStreet weakness aheadWall streetFed chair jerome powellJackson holeChief correspondentEuro tourRyder cupEuro tournamentsWall street losses grow ahead of powell at jackson hole

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