Fannie Mae reported that the Single-Family Serious Delinquency was unchanged at 0.66% in December, from 0.66% in November. The serious delinquency rate is down from 0.76% in December 2018. These are mortgage loans that are “three monthly payments or more past due or in foreclosure”. This matches last month as the the lowest serious delinquency […]
When you create an estate plan, that plan should accomplish a number of inter-related goals. One of those goals should focus on tax avoidance. After all, no one wants to lose a significant portion of their estate to Uncle Sam. One common mistake you should avoid, however, is to rely too heavily on the marital […]
From Merrill Lynch GDP growth is likely to slow to 1.0% qoq saar in 1Q 2020. [Jan 31 estimate]emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 1.5% for 2020:Q1 [Jan 31 estimate] And from the Altanta Fed: GDPNow The initial GDPNow model estimate for real GDP growth […]
The BEA has released the underlying details for the Q4 initial GDP report this morning. The BEA reported that investment in non-residential structures decreased at a 10.1% annual pace in Q4. Investment in petroleum and natural gas exploration decreased in Q4 compared to Q3, and was down 19% year-over-year.
The BEA released the Personal Income and Outlays report for December: Personal income increased $40.7 billion (0.2 percent) in December according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $30.6 billion (0.2 percent) and personal consumption expenditures (PCE) increased $46.6 billion (0.3 percent). Real DPI decreased 0.1 percent […]
Some Highlights: There’s more room to entertain a large crowd. The kitchen is big enough to whip up endless appetizers – yum! You don’t have to worry about complaints to your landlord when the cheering kicks in! The post 5 Reasons Homeowners Throw Better Parties During the Big Game [INFOGRAPHIC] appeared first on Keeping Current […]
I could spend a lot of time and effort discussing Brexit today. I won’t. That’s because right now saying a great deal won’t change much. But saying the UK leaving the EU is the most terrible mistake is the right thing to do. Firstly, that’s because it is. Secondly, that’s because saying so makes clear […]
Friday:• At 8:30 AM ET, Personal Income and Outlays for December. The consensus is for a 0.3% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.1%. • At 9:45 AM, Chicago Purchasing Managers Index for January. The consensus is for a reading […]