|
|
| Economic Releases - Week of 7/26/2010
| Consensus | Actual | Positive, Negative
Neutral
| Comments | Monday 7/26/2010 | | | | | New Home Sales
| 310,000
| 330,000
| (+)
| Investors cheered better than expected new
home sales. While the strong rebound from
last months awful numbers is good news,
today's figures still leave us at levels not
seen since 1963.
| Tuesday 7/27/2010 |
|
|
|
| Consumer Confidence
| 51.0
| 50.4
| Neutral
| Another weak reading of consumer
confidence. With unemployment staying
high, the consumer has become ever more
apprehensive. It remains to be seen whether
that translates into lower spending.
| Case-Schiller Housing Prices Index
| 4.0%
| 4.61%
| Neutral
|
| Wednesday 7/28/2010 |
|
|
|
| Durable Goods
| 1.0%
| -1.0%
| (-)
| Durable goods data points to a slowdown in
manufacturing activity. While capital
investments by businesses did increase,
they did so at a much slower rate than in
previous months.
| Durable Goods - ex Transportation
| 0.6%
| -0.6%
| (-)
|
| Fed's Beige Book
|
|
|
|
| Crude Inventories |
| 7.31M
|
|
| Thursday 7/29/2010 |
|
|
|
| Initial Unemployment Claims | 464,000
| 457,000
| Neutral
|
| Friday 7/30/2010 |
|
|
|
| Q2 GDP
| 2.5%
| 2.4%
| Neutral
|
| Q2 Deflator
| 1.1% | 1.8% | | | Employment Cost Index
| 0.5% | 0.5% | Neutral
| | Chicago PMI
| 56.5 | 62.3 | (+) | | U of Michigan Consumer
Confidence Index
| 67.5 | 67.8 | Neutral | |
| | | |
|