Freddie Mac House Price Index Increased Slightly in July; Up 4.4% Year-over-year

11 days ago by Calculated Risk @ Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Increased Slightly in July; Up 4.4% Year-over-year A brief excerpt: Freddie Mac reported that its “National” Home Price Index (FMHPI) increased 0.05% month-over-month on a seasonally adjusted (SA) basis in June. On a year-over-year basis, the National FMHPI was up 4.4% in July, down from up 5.2% YoY in June.  The YoY increase peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% YoY in May 2023. ... <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnY696aKZXeA-W05l7N6fbsn5wSi96HlL53TRy2MF2T9LaWXeBIjeVrm-gQPfWwp7U418GE7j_I21RzmH_GeR-KWalIBs2C5tQeipUnkdgd6HQ2Cj99xplvC-ZtQ13nk39K4I4lV0V4unPm9m4ATKs2UpAr56mC1RYrnqZhl26NwwYfOrya9vS/s795/CBSAJuly2024.PNG" style="margi...

Sunday links: a market conundrum

11 days ago by abnormalreturns @ Abnormal Returns

Inflation Adjusted House Prices 1.6% Below 2022 Peak; Price-to-rent index is 7.7% below 2022 peak

11 days ago by Calculated Risk @ Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices 1.9% Below 2022 Peak Excerpt: It has been over 18 years since the bubble peak. In the June Case-Shiller house price index released last week, the seasonally adjusted National Index (SA), was reported as being 73% above the bubble peak in 2006. However, in real terms, the National index (SA) is about 11% above the bubble peak (and historically there has been an upward slope to real house prices).  The composite 20, in real terms, is 2% above the bubble peak. People usually graph nominal house prices, but it is also important to look at prices in real terms.  As an example, if a house price was $300,000 in January 2010, the price would be $432,000 today adjusted for inflation (44% increase).  T...

Why Housing is Everyone’s Favorite Investment

11 days ago by Ben Carlson @ A Wealth of Common Sense

Why housing is the number one investment for Americans. The post Why Housing is Everyone’s Favorite Investment appeared first on A Wealth of Common Sense. ...

The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of September 9, 2024

12 days ago by Ryan Hasson @ SMB Capital

Traders, I look forward to sharing my thoughts and top ideas with you for the upcoming week. As I went over in detail in my latest Inside Access meeting, it pays to be nimble, open-minded, and respect critical levels in the current market. While I was bullish coming into the week, once the market broke critical support, below a declining ... Read More The post The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of September 9, 2024 appeared first on SMB Training Blog.

THE MONEY & HAPPINESS BALANCE #Money #Happiness #Trading

12 days ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

Happiness is MORE IMPORTANT than money BUT, it TAKES MONEY to buy happiness. Interesting I know!

Why I Buy And Hold 'Forever'

12 days ago by SA Editor's Picks

It’s Already A Below Average September. Now What? – The Market Breadth

12 days ago by Dr. Duru @ Dr. Duru

Stock Market Commentary The S&P 500 is down 4.1% month-to-date. This loss makes this month a below average September for a maximum drawdown and fulfills September’s reputation as one of the index’s three most dangerous months of the year. As I noted last week, August’s extreme drawdown significantly increased the risk of September being worse ... Read more The post It’s Already A Below Average September. Now What? – The Market Breadth appeared first on ONE-TWENTY TWO: Trading Financial Markets.

AKAM ASAN BIRK COIN CVNA FCX GOOG IRBT SMH

Case-Shiller: National House Price Index Up 5.4% year-over-year in June; FHFA House Price Index Declined Slightly month-over-month in June

12 days ago by Calculated Risk @ Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: House Price Weekend: Case-Shiller: National House Price Index Up 5.4% year-over-year in June Excerpt: S&P/Case-Shiller released the monthly Home Price Indices for June ("June" is a 3-month average of April, May and June closing prices). June closing prices include some contracts signed in February, so there is a significant lag to this data. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA). <img alt="Case-Shiller MoM House Prices" ...

Fed Chair Powell promised PAIN 🤕 in exchange for lower inflation. Has that time come?

12 days ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

Fed Chair Powell promised PAIN 🤕 in exchange for lower inflation. Has that time come? Full context from two years ago at the Federal Reserve confab in Jackson Hole, Wyoming: "Bears Push Bulls Down the Jackson Hole – The Market Breadth" https://drduru.com/onetwentytwo/2022/08/26/bears-push-bulls-down-the-jackson-hole-the-market-breadth/ #federalreserve #jeromepowell #unemployment #monetarypolicy #economy

September Stock Market Update: The Good, Bad and Ugly

12 days ago by Michele Schneider @ See It Market

Is September scaring you enough? After all, the month started out shaky and ended the first week worse than it began. So, does this mean the stock market is headed for a much bigger fall? Some analysts are saying that we can expect weakness and chop until the election. When we examine the weekly charts, […] The post September Stock Market Update: The Good, Bad and Ugly appeared first on See It Market.

Saturday links: snacking culture

12 days ago by abnormalreturns @ Abnormal Returns

On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check...

Schedule for Week of September 8, 2024

13 days ago by Calculated Risk @ Calculated Risk

The key economic report this week is the August Consumer Price Index (CPI). ----- Monday, September 9th ----- No major economic releases scheduled. ----- Tuesday, September 10th ----- 6:00 AM: NFIB Small Business Optimism Index for August. 8:00 AM: Corelogic House Price index for July ----- Wednesday, September 11th ----- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. 8:30 AM: The Consumer Price Index for August from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.  The consensus is for CPI to be up 2.6% year-over-year (down from 2.9% in July) and core CPI to be up 3.2% YoY (unchanged from 3.2% in July). ----- Thursday, September 12th ----- ...

Unpacking MercadoLibre's Logistics Advantage: Why It's A Smart Stock Buy

13 days ago by SA Editor's Picks

MELI

Singapore Technologies Engineering: A Stock With Sustained Growth Potential

13 days ago by SA Editor's Picks

Crescent Energy Builds Eagle Ford Position

13 days ago by SA Editor's Picks

CRGY

U.S. IPO Weekly Recap: 2 APAC Microcaps Go Public In Short Labor Day Week As The Pipeline Grows

13 days ago by SA IPO Analysis

PMAX PTHL

September 6th COVID Update: Wastewater Measure Has Peaked

13 days ago by Calculated Risk @ Calculated Risk

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. For deaths, I'm currently using 4 weeks ago for "now", since the most recent three weeks will be revised significantly.Note: "Effective May 1, 2024, hospit...

Markets Nosedive Amid Recession Fears

13 days ago by StockCharts TV @ StockCharts.com YouTube Channel

Mary Ellen McGonagle, MEM Edge Report, reviews the current downtrend taking place in the S&P 500 and Nasdaq, and highlights the "uninverting" yield curve. She finishes with Nvidia stock #nvda and shares how to handle the stock depending on your investment horizon. 🤑 Get the Full Scoop With a Trial Offer of Mary Ellen's Weekly MEM Edge Report Here: https://www.simplertrading.com/join/report/ 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 - Welcome 00:39 - Headline News 02:20 - S&P 500 ($SPX), Nasdaq Composite ($COMPQ) 04:58 - SECTORS: XLY, XLI, XLK, 07:52 - $VIX, XHB, KRE, IGV 10:01 - IWM, SOXX, IBB, XRT 11:55 - Nasdaq 100 Top Members ChartList 15:22 - S&P 500 Top Members ChartList 16:03 - "Uninverte...

Q3 GDP Tracking: Low-to-Mid 2%

13 days ago by Calculated Risk @ Calculated Risk

From BofA: Since our last weekly publication, the 3Q GDP tracking estimate went down three tenths to 2.3% q/q saar while our 2Q GDP tracking estimate remains unchanged at 3.0% q/q saar since the second official estimate. [Sept 6th estimate]emphasis addedFrom Goldman: The details of the trade balance report were somewhat softer than our previous assumptions while the details of the factory orders report were roughly in line with our expectations. On net, we lowered our Q3 GDP tracking estimate by 0.2pp to +2.5% (quarter-over-quarter annualized) and left our Q3 domestic final sales forecast unchanged at 2.6%. [Sept 4th estimate]And from the Atlanta Fed: GDPNowThe GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.1 percent on Sep...