by Aaron Layman of AaronLayman.com via Investment Research Dynamics Dave’s Note: New homes sales, based on the seasonally adjusted annualized rate metric, are down over 23% from their peak in November 2017. Pending home sales, which translate into existing home sales less canceled contracts …
Bank of American Merrill Lynch says Target and Walmart online sales are outpacing those at Amazon and urges clients to buy the stocks. Analyst Robert Ohmes says Walmart saw its U.S.-owned e-commerce growth accelerate to 43 percent in the third …
by WARREN MOSLER No drama here: More housing weakness news: Highlights This has not been a good run for housing data. Pending home sales fell a very steep 2.6 percent in October which is far below Econoday’s consensus range. Existing …
by WARREN MOSLER Trade deficit still increasing: Highlights The goods portion of October’s trade deficit is deeper than expected, at $77.2 billion vs expectations for $76.9 billion and compared with a monthly average in the third-quarter of $74.6 billion. October’s …
by Michael Snyder The U.S. economy is definitely deviating from the script, and we just got more evidence that “Housing Bubble 2” is bursting. Experts were expecting that new home sales in the U.S. would rise in October, but instead …
Trumpeteers rejoice. “Best Economy Evah!!!”. In case you didn’t notice, the trade deficit also reached and all-time high today, up $14 billion since the Great Orange One ascended to the throne. The housing market is now in the process of …
by John Rubino Looks like we just hit an inflection point. So far this morning: U.S. new home sales drop to more than 2-1/2-year low (Reuters) – Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October …
The World’s Highest-Paid TV Hosts 2018: Judge Judy Presides With $147 Million For the first year ever, Judy Sheindlin—more commonly known as Judge Judy—reigns supreme not only in her own courtroom, but also across all of television. Pocketing $147 million …
by WARREN MOSLER Last month revised lower and looking weak: Highlights A drop for primary metals, a sharp drop for machinery, and a reversal for defense aircraft all pulled down durable goods orders in October which fell a sharper-than-expected 4.4 …
by Michael Snyder Things just continue to get even worse for the U.S. housing industry. New homes sales have been absolutely plummeting, homebuilder stocks have lost over a third of their value, and existing home sales just posted their biggest …
The Fed will be selling back MBS into the market. Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise November 20, 2018 The New York Fed undertakes certain small value open market transactions from time to time for the …
by Thinker Why aren’t tickets selling to see the Clinton’s??? Could it be more Americans have watched the Youtube documentary “Clinton Chronicles” filmed in Mena, Arkansas??? A film exposing corruption, murder, and drug running and fingers all pointing to the …
via The_In-Betweener: https://www.webpronews.com/how-to-use-reddit-to-get-more-traffic-to-your-website-and-make-more-sales/ You may have recently seen this article: “This Word Appears in More Reddit Post Titles Than Any Other – A Reddit user scraped data from every submission that got at least 1,000 upvotes and found Trump topped the list …
by Dave Kranzler of Investment Research Dynamics I’m already fatigued and disgusted with Christmas promotions. They’re everywhere now, including every other ad on television. I’ve come to loathe the holiday season because of the extreme materialism and consumerism into which it has degenerated. …
by streetsofrageTWO Sounds crazy at first but think about it. The #1 goal with no longer reporting unit sales is so Apple investors no longer view Apple as a 100% hardware company. Apple wants to be know as a Software/Services …
Total retail sales in the U.S will hit $1.002 trillion during the Christmas holiday period, marking the “strongest growth since 2011,” according to eMarketer. In-store sales are forecast to rise 4.4 percent year-on-year, while e-commerce sales are predicted to grow …
by Michael Snyder What goes up must eventually come down. For years, the California housing market was on the cutting edge of “Housing Bubble 2” as we witnessed home prices in the state soar to absolutely absurd levels. In fact, …
by WARREN MOSLER Looks like without the build in private inventories GDP was about 2% lower at about 1.4%, and health care added .77% where health care premiums paid count as personal consumption. Also, the price index deflator was lower …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Hot air is hissing out of this market. Sales of new single-family houses in September plunged 18% from September a year ago, not-seasonally adjusted, to just 41,000 new single-family houses, according to estimates that the Census …
via Angry Bear Needless to say, this morning’s report on new home sales was another big miss in the housing sector. Not only were sales a new 12 month low, they were the lowest in nearly 2 years, and are …
$DB at an all-time low? I see some support at 0 pic.twitter.com/Z8mBVeEeI6 — . (@StockCats_2009) October 24, 2018 https://twitter.com/hks55/status/1055111260344410112 Miss on New Home Sales-Units — the trend does not look good! pic.twitter.com/m2SpPREMg7 — Alastair (@StockBoardAsset) October 24, 2018 https://twitter.com/OccupyWisdom/status/1055089971219062784 https://twitter.com/OccupyWisdom/status/1055093295779643392 …
Banks’ Golden Deposits Are Heading Out the Door Customers are starting to move their money out of deposits that pay no interest, posing a big risk to bank profits There’s less free money to go around for banks. After nearly …
In your opinion, are real estate prices too high compared to wages where you live? Or is the current level normal? The real estate situation in the U.S. is getting worse. Prices have stagnated in many areas and sellers are …
via Bloomberg: Renters finally have reason to rejoice: their housing costs dropped last month for the first time in six years. The median rent for apartments, single-family homes and other residences across the U.S. was $1,440 in September, down 0.2 …
Holy smokes, Nova Scotia. Cannabis sales top $660,000 on Day 1 HALIFAX—Nova Scotians who lined up outside the province’s only legal pot purveyor on the first day of legalization Wednesday purchased more than $660,000 worth of product. Nova Scotia Liquor Corporation spokesperson Beverley Ware …
by WARREN MOSLER Gone from bad to worse: Highlights The highest interest rates in over 7 years took their toll on mortgage activity in the October 12 week, with purchase applications for home mortgages falling a seasonally adjusted 6 percent …
via visualcapitalist: The record industry has seen a lot of change over the years. Vinyl gave way to 8-tracks, and cassettes faded away as compact discs took the world by storm, and through it all, the music industry saw its revenue …
Do you think that rising interest rates will play a SMALL or BIG role in prices? When you look at home sales, this must be broken down by country, region, and all the way down to the neighbourhood of a …
by WARREN MOSLER A bit stronger than expected, but still trending lower, particularly adjusted for population: Highlights Unit sales of motor vehicle proved very strong in September, rising sharply to a 17.4 million annualized rate from 16.6 million in August. …
via CNBC: Total real estate sales in Manhattan fell 11 percent in the third quarter compared with a year ago, according to a new report. The average price of a Manhattan apartment fell 4 percent during the quarter, to $1.93 …