Daily Reading – November 23, 2010
Today’s interesting reads and posts.
Archive for November 23rd, 2010
November Richmond FED Manufacturing Survey At 9
Richmond FED Manufacturing Survey came out today at 9. Prior reading at 5.
It will be interesting to see ISM…regional manufacturing surveys contradictory.
FOMC Minutes – November 23, 2010
Only thing interesting are revisions to the committee’s forecasts for growth, unemployment, and inflation in the next three years.
Sales Of Existing Homes In U.S. Fell 2.2% In October
Sales of existing homes in U.S. fell 2.2% to 4.43 million units SAAR. Consensus was at 4.5 million…
U.S. GDP Growth in Q3 2010 Revised to 2.5%
U.S. GDP growth for Q3 was revised from 2.0% to 2.5%; consensus was at 2.4%. Q2 reading was at +1.7%.
Moody’s/REAL National Commercial Property Index Rose 4.3% In September
(For September 2010) Moody’s/REAL National Commercial Property Index rose 4.3% in September and it is now running at +0.3% y-o-y. The relatively large swings in the index in recent months are due in part to the uncertain macroeconomic environment and the low number of repeat-sale transactions. In the first nine months of 2010, four months have measured […]
North And South Korea Exchange Gunfire
This is the last thing world and markets need… Hope it will not evolve into something bigger. Bloomberg story: South Korea Returns Fire on North After Shells Wound Troops. South Korea scrambled fighter jets and returned fire after North Korea lobbed dozens of shells into its waters and an island, injuring 14 soldiers according to […]