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Where Will Housing Go From Here? | Weekly Market Commentary | August 22, 2022

James Hendries

Existing home sales fell 5.9% Existing home sales plummet but inventory stays low. Existing home sales fell 5.9% Although the rate of sales is slowing dramatically, the market is still short on supply of homes. At the current sales rate, it would take roughly three months to clear inventory [Figure 2].

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Weekly Market Insights – February 19, 2024

Cornerstone Financial Advisory

But stocks regained some momentum on Wednesday and rallied Thursday despite disappointing reports on both retail sales and industrial production for January. Existing Home Sales. It should not be considered a solicitation for the purchase or sale of the securities. a Registered Investment Advisor.

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Weekly Market Insights – October 23, 2023

Cornerstone Financial Advisory

Economic Strength, Housing Weakness The economy continued to evidence surprising strength according to data released last week. Despite worries of a struggling consumer, consumers increased their spending as retail sales rose 0.7% Existing home sales were weak, falling 2.0% Wednesday: New Home Sales. month-over-month.

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Weekly Market Insights – February 26, 2024

Cornerstone Financial Advisory

To put that in perspective, Nvidia’s market cap is now roughly the same size as Canada’s economy. It should not be considered a solicitation for the purchase or sale of any company connected with AI. 3,4 This Week: Key Economic Data Monday: New Home Sales. a Registered Investment Advisor.

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Weekly Market Insights – March 11, 2024

Cornerstone Financial Advisory

The economy added 275,000 jobs in February—exceeding the 198,000 expected—but wage growth slowed, and jobless claims edged up. Some investors saw that as a negative, while others viewed it as a “Goldilocks” moment—an economy that’s not too hot or cold. Retail Sales. a Registered Investment Advisor.

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Weekly Market Insight – August 1, 2022

Cornerstone Financial Advisory

Undaunted by another Fed rate hike and news of a contracting economy, the stock market rallied last week on better-than-expected corporate earnings. Powell indicated that it might become appropriate to slow the pace of future hikes, and he didn’t believe the economy had entered into recession. Economy Contracts .

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Weekly Market Insights – March 4, 2024

Cornerstone Financial Advisory

Consumers Remain Upbeat With all the excitement over AI, it’s easy to overlook some key economic indicators that also speak to the underlying strength of the economy—specifically, consumer data. Finally, the PCE report also reflected an ongoing consumer shift from goods to services—a sign the economy continues to normalize after the pandemic.

Marketing 101