Sentiment in the home purchase market slipped in June from May, reports Fannie Mae. The Fannie Mae Home Purchase Sentiment Index (HPSI) fell 1.6 points in June from May to 90.7. The net share of Americans who said now is a good time to purchase a home was unchanged. Americans expressed a decreased sense of job security, with the net share who say they are not concerned about losing their job falling 2 percentage points this month. The HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions and complements existing data sources to inform housing-related analysis and decision making.
Quarterly earnings kick off this week with JPMorgan Chase, Wells Fargo and Citigroup set to report on Friday. It is expected that S&P 500 companies will report 21% growth in earnings according to Thomson/Reuters. Investors will focus on warnings for future earnings surrounding recent tariffs. U.S. Stock markets are higher to begin the week as traders and investors shrug off the global trade issues.
Time to get off the couch to better health. According to the Center for Disease Control and Prevention, just 23% of American adults meet the "national physical activity guidelines," i.e., they complete at least 2.5 hours per week of "moderate-intensity aerobic physical activity" or at least 1.25 hours per week of "vigorous-intensity aerobic physical activity," or some equivalent combination.
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