Wall Street was expecting a decline instead of an increase, so the change in direction suggests that homebuyers have adjusted to the financial displacements caused by higher fuel prices. Read More
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The Housing Market Index, Leading Economic Indicators, and June FOMC minutes could change the narrative regarding the overall health of the economy this week. Read More
This week's reports for CPI, PPI, and retail sales in July, along with the weak employment report for June released two weeks ago, reveal an economy that is having difficulty gaining traction. Read More
Valuations in the tech sector have become so high that a proliferation in IPOs over the next 6 – 12 months is all but inevitable Read More
The CPI and PPI data for July should give us a clear indication of which way inflation is headed this month, while the retail sales report for last month will tell us if consumers are back to spending at their usual levels. Read More
Combined, last week's inflation data and this week's employment report reflect an economy that is gradually slowing down. Read More
As long as oil prices remain elevated, there is no chance of a Fed rate cut next month based on today's weak employment data for July. Read More
This month’s Personal Finance options recommendation includes two strategies, selling a covered call and selling a naked put on Lazard (NYSE: LAZ) Read More
July employment data, consumer credit in June, and more tech sector earnings reports are this week's items to watch. Read More
Huge gains by Microsoft and Amazon after releasing their quarterly results is why the stock market is up this week. Read More