• February 28, 2017
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New York Fed President William Dudley on Tuesday said that “animal spirits have been unleashed a bit” in the wake of the presidential election, pointing to the rise in the stock market. Bond yields spiked after Dudley’s comments were reported with the two year yield rising to 1.26%. The dollar also jumped. In addition odds

• February 28, 2017
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In a speech the Santa Cruz Chamber of Commerce, Williams said he was confident the economy would continue to grow at a healthy pace even as the central bank raises rates. “The aim is to keep the economic expansion on sound footing – not too hot, not too cold —that can be sustained for as

• February 27, 2017
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Business investment got off to a poor start in 2017 aside from the aerospace industry, perhaps a sign businesses are awaiting new policies by the Trump administration before acting. January Durable Goods Orders 1.8% vs. estimates of 1.7%. Ex Transportation -0.2% vs. estimates of 0.5%.

• February 27, 2017
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January Pending Home Sales -2.8% vs. estimates of 0.8%. Tighter inventory is dragging on contracts but not a factor in pricing today.

• February 24, 2017
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• realestatelife

February University of Michigan’s Consumer Sentiment Index was revised from 95.7 to 96.3, estimates were 96.0.

• February 23, 2017
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• realestatelife

Initial Weekly Jobless Claims 244K vs. estimates of 241K. Continuing Jobless Claims 2.060M vs. estimates of 2.051M. These are pretty good readings, but not a factor for interest rate pricing this morning.

• February 22, 2017
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• realestatelife

January Existing Home Sales 5.69M vs. estimates of 5.54M. A nice beat, but not a factor in pricing today.

• February 22, 2017
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The next interest rate increase could be closer than it appears. That’s after documents released Wednesday show that Federal Reserve officials spent their meeting three weeks ago consumed with the changes brought on by a new administration in the White House — concluding with a strong indication that another hike could be just around the

• February 16, 2017
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• realestatelife

Construction on new houses fell 2.6% in January, but another increase in permits points to builders breaking ground on more units in the months ahead. Housing starts took place at an annual rate of 1.246 million last month, the government said Thursday. That’s how many houses would be built in the U.S. in 2017 if

• February 16, 2017
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The number of Americans who applied for unemployment benefits in mid-February rose by 5,000 to 239,000, but they remained at exceedingly low levels that reflect the resilience of a nearly eight-year-old economic recovery. Continuing Jobless Claims 2.076M vs. estimates of 2.051M.