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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
Trade Balance: The October total Goods and Services Trade Balance was -$78.2.B vs est of -$79.1B but it was much larger than September’s level of -$73.28B as exports fell to lowest level since June. Central Bank Palooza: The Reserve Bank of Australia increased their main interest rate by 25BPS which was widely expected. Interest rates
READ MOREU.S. job growth rose faster than expected in November as the labor market remained resilient in the face of higher interest rates, scorching-hot inflation and mounting recession fears. Employers added 263,000 jobs in November, the Labor Department said in its monthly payroll report released Friday, topping the 200,000 jobs forecast by Refinitiv economists. It marks a
READ MOREFederal Reserve Chair says the path ahead for inflation remains “highly uncertain.” Powell said inflation forecasts of private-sector forecasters or of Federal Open Market Committee participants broadly show a significant decline over the next year. However, forecasts have been predicting just such a decline for more than a year, while inflation has moved stubbornly sideways.
READ MORETaking it to the House: Weekly Mortgage Applications fell by -0.8%, led by a steep decline of -12.9% in Refinance Applications, Purchase Applications were actually up 3.8%. The October Pending Home Sales Index was better (less worse) than expected -4.6% vs. est. of -5.2% Jobs, Jobs, Jobs: November ADP Employment Change was much weaker than
READ MOREHome prices declined by 30% during the Great Recession of 2008-2009. The housing market is on much solid foundation this round. Given so much news media coverage about the potential for home price pullback, it is worth visiting the fundamentals related to the current cycle versus the last. – 20 more jobs today and no
READ MOREThree Things: These are the three areas that have the greatest ability to impact your backend pricing this week. 1) Inflation Nation, 2) Jobs, Jobs, Jobs and 3) The Talking Fed. 1) Inflation Nation: We will get the Fed’s preferred key measure of inflation (Core PCE) on Thursday. Expectations are that it will continue to
READ MOREEnergy costs typically go up in the winter because people are using more electricity. Aside from a basic maintenance check on your heating system, here are some easy ways to cut down on this expense. Keep the Heat In Weatherstrip your doors and windows, and eliminate drafts by caulking cracks and gaps. This will save
READ MOREMortgage application volume increased for the second consecutive week as interest rates continued to decline. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, was 2.2 percent higher during the week ending November 18 than the prior week on a seasonally adjusted basis and up 10 percent before adjustment.
READ MOREThis year was one of the worst for bonds in history. While short-dated U.S. Treasury losses were limited to less than 10%, the 23% drop in annual returns of the 10-year note through last month was – according to Bank of America – the worst since the turbulent infancy of 1788; you must go back
READ MOREAll three of the major U.S. averages rose on Wednesday after the minutes of the Federal Reserve’s October meeting showed policymakers foresee a slowing of future rate hikes. Consumer discretionary names led the gains while energy lagged after oil fell 3.7% to $77.94 per barrel.
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