Here's what we have in store for the week. The "Biggie of the week" will be Friday's Employment report, historically it has been one of the bigger market movers. Second will likely be Tomorrow's release of the Beige book, which are the notes from the last Fed Meeting. The Wild Card remains the trade fun with new Tariffs that kicked in on Sunday, we shall see how that plays out. Lastly- the continuing concern is the inverted yield curve which we have had for more than a week now..... never a good sign for the economy.
In the mean time: Interest rates remain at lows we have not seen in years, It is a GREAT time to buy or possibly Refi. Fannie Mae estimates that 35% of mortgages could benefit from a Refinance based on today's interest rates.
Date |
Event |
Period |
Survey |
Actual |
Prior |
Revised |
09/03/2019 09:45 |
Markit US Manufacturing PMI |
Aug F |
50 |
-- |
49.9 |
-- |
09/03/2019 10:00 |
ISM Manufacturing |
Aug |
51.2 |
-- |
51.2 |
-- |
09/03/2019 10:00 |
ISM Employment |
Aug |
-- |
-- |
51.7 |
-- |
09/03/2019 10:00 |
ISM Prices Paid |
Aug |
46.8 |
-- |
45.1 |
-- |
09/03/2019 10:00 |
ISM New Orders |
Aug |
50.5 |
-- |
50.8 |
-- |
09/03/2019 10:00 |
Construction Spending MoM |
Jul |
0.30% |
-- |
-1.30% |
-- |
09/03/2019 |
Revisions: Construction Spending |
|
|
|
|
|
09/04/2019 07:00 |
MBA Mortgage Applications |
30-Aug |
-- |
-- |
-6.20% |
-- |
09/04/2019 08:30 |
Trade Balance |
Jul |
-$53.5b |
-- |
-$55.2b |
-- |
09/04/2019 14:00 |
U.S. Federal Reserve Releases Beige Book |
|
|
|
|
|
09/04/2019 |
Wards Total Vehicle Sales |
Aug |
16.80m |
-- |
16.82m |
-- |
09/05/2019 07:30 |
Challenger Job Cuts YoY |
Aug |
-- |
-- |
43.20% |
-- |
09/05/2019 08:15 |
ADP Employment Change |
Aug |
146k |
-- |
156k |
-- |
09/05/2019 08:30 |
Nonfarm Productivity |
2Q F |
2.20% |
-- |
2.30% |
-- |
09/05/2019 08:30 |
Unit Labor Costs |
2Q F |
2.50% |
-- |
2.40% |
-- |
09/05/2019 08:30 |
Initial Jobless Claims |
31-Aug |
215k |
-- |
215k |
-- |
09/05/2019 08:30 |
Continuing Claims |
24-Aug |
1688k |
-- |
1698k |
-- |
09/05/2019 09:45 |
Bloomberg Consumer Comfort |
1-Sep |
-- |
-- |
62.5 |
-- |
09/05/2019 09:45 |
Markit US Services PMI |
Aug F |
51 |
-- |
50.9 |
-- |
09/05/2019 09:45 |
Markit US Composite PMI |
Aug F |
-- |
-- |
50.9 |
-- |
09/05/2019 10:00 |
Factory Orders |
Jul |
1.00% |
-- |
0.60% |
-- |
09/05/2019 10:00 |
Factory Orders Ex Trans |
Jul |
-- |
-- |
0.10% |
-- |
09/05/2019 10:00 |
Durable Goods Orders |
Jul F |
2.10% |
-- |
2.10% |
-- |
09/05/2019 10:00 |
Durables Ex Transportation |
Jul F |
-0.40% |
-- |
-0.40% |
-- |
09/05/2019 10:00 |
Cap Goods Orders Nondef Ex Air |
Jul F |
-- |
-- |
0.40% |
-- |
09/05/2019 10:00 |
Cap Goods Ship Nondef Ex Air |
Jul F |
-- |
-- |
-0.70% |
-- |
09/05/2019 10:00 |
ISM Non-Manufacturing Index |
Aug |
54 |
-- |
53.7 |
-- |
09/06/2019 08:30 |
Change in Nonfarm Payrolls |
Aug |
158k |
-- |
164k |
-- |
09/06/2019 08:30 |
Two-Month Payroll Net Revision |
Aug |
-- |
-- |
-41k |
-- |
09/06/2019 08:30 |
Change in Private Payrolls |
Aug |
150k |
-- |
148k |
-- |
09/06/2019 08:30 |
Change in Manufact. Payrolls |
Aug |
6k |
-- |
16k |
-- |
09/06/2019 08:30 |
Unemployment Rate |
Aug |
3.70% |
-- |
3.70% |
-- |
09/06/2019 08:30 |
Average Hourly Earnings MoM |
Aug |
0.30% |
-- |
0.30% |
-- |
09/06/2019 08:30 |
Average Hourly Earnings YoY |
Aug |
3.00% |
-- |
3.20% |
-- |
09/06/2019 08:30 |
Average Weekly Hours All Employees |
Aug |
34.4 |
-- |
34.3 |
-- |
09/06/2019 08:30 |
Labor Force Participation Rate |
Aug |
-- |
-- |
63.00% |
-- |
09/06/2019 08:30 |
Underemployment Rate |
Aug |
-- |
-- |
7.00% |
-- |
Robert Rauf
Mortgage Loan Originator NMLS# 248937
http://www.homebridge.com/RobertRauf
or my blog: http://activerain.com/blogs/rrauf
Office: (732)908-4868 Cell (732)740-0175
RRauf@HomeBridge.com
www.RobertRauf.com
Since 1987 I have been helping my clients fulfill their dream of home ownership! HomeBridge Financial Services, Formerly REMN, HomeBridge Financial Services is located at 9 Grand Ave, Building 2 Suite A Toms River, NJ 08753. NMLS #6521. New Jersey Licensed Lender and Mortgage Banker #L041053. Visit www.Homebridge.com for more information. NJ Mortgages, New Jersey Mortgages, Mortgages in NJ, mortgage in New Jersey, Mortgages in New Jersey, Toms River NJ 08753, Toms River NJ 08755, Brick NJ 08723, Brick NJ 08724 Mortgage in Ocean County NJ, Mortgage in Monmouth County NJ, Jackson NJ 08527, Howell NJ 07731, Lacey 08731 08734, Beachwood 08722 Bayville 08721, Manchester 08757 08733, Manahawkin 08050, Robert Rauf is a Licensed Mortgage Loan Originator in New Jersey
Call me for all your residential lending needs!
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