Project Description

US

       

S&P500 +2.79% (2,926.46);   NASDAQ +2.72% (7,962.88);   DJIA +3.02% (26,403.28)

 

  • Q2 2019 GDP Growth Annualized (second estimate) was 2.0% versus Q1’s 2.1%.
  • July’s Personal Income rose 0.1% from June’s +0.5%. Personal Spending rose 0.6% from June’s +0.3%.  
  • August’s Michigan Consumer Sentiment Index fell to 89.8 from July’s 92.1.
  • June’s S&P/Case-Shiller Home Price Indices rose 2.1% y/y versus May’s +2.4% y/y.
  • July’s Pending Home Sales fell 2.5% from June’s +2.8%.
  • July’s Chicago Fed National Activity Index (CFNAI) fell to -0.36 from June’s +0.03.
  • July’s Durable Goods Orders rose 2.1% from June’s +1.9%. Durable Goods Orders ex. Transportation fell 0.4% from June’s +1.0%.
  • August’s Richmond Fed Manufacturing Index rose to +1 from July’s reading of -12.
  • August’s Chicago PMI rose to 50.4 from July’s 44.4.
  • July’s Wholesale Inventories (prelim.) rose 0.2% from June’s zero change.  
  • August’s Dallas Fed Manufacturing Index rose to 2.7 from July’s -6.3.  
  • Initial Jobless Claims for the week ending August 24th rose by 4K to 215K. Continuing Jobless Claims for the week ending August 16th rose by 22K to 1,698K.