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Off-Topic Stock Market & Crypto Discussion

mr.h said:
Right now the market is all about Fed and a shutdown.
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Thats one way to look at it, this is what Barron's thinks:

Double Whammy. The combination of rising bond yields and U.S. government antitrust action conspired to send stocks falling in a broad slump today.
The 10-year U.S. Treasury note yield hit another 16-year high today, at nearly 4.6%. That's up 1.3 percentage points since April and nearly 0.5 points since the start of the month.
 
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08:30USDDurable Goods Orders(Aug) TRADE NOW0.2% 0.42-0.5%-5.6%
08:30USDDurable Goods Orders ex Defense(Aug)-0.7% ---6%
08:30USDDurable Goods Orders ex Transportation(Aug) TRADE NOW0.4% 1.060.1%0.1%
08:30USDNondefense Capital Goods Orders ex Aircraft(Aug) TRADE NOW0.9% 1.220%0.1%

Surprisingly strong numbers..
of course good is bad, and bad is good.
 
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08:30USDContinuing Jobless Claims(Sep 15)1.67M-0.231.675M1.658M
08:30USDCore Personal Consumption Expenditures (QoQ)(Q2)3.7% 0.003.7%3.7%
08:30USDGross Domestic Product Annualized(Q2)2.1% 0.002.1%2.1%
08:30USDGross Domestic Product Price Index(Q2)1.7% -0.862%2%
08:30USDInitial Jobless Claims(Sep 22)204K-1.54215K202K
08:30USDInitial Jobless Claims 4-week average(Sep 22)211K--217.25K
08:30USDPersonal Consumption Expenditures Prices (QoQ)(Q2)2.5% 0.002.5%2.5%
09:00USDFed's Goolsbee speechSPEECH
Jobless claims down fractionally
GDP annualized even
*GDP product price index down…prices of products and services abating.
 
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USDCore Personal Consumption Expenditures - Price Index (MoM)(Aug)0.1% -0.2%0.2%
08:30USDCore Personal Consumption Expenditures - Price Index (YoY)(Aug)3.9% 03.9%4.3%
08:30USDGoods Trade Balance(Aug) PREL $-84.3B--$-90B
08:30USDPersonal Consumption Expenditures - Price Index (MoM)(Aug)0.4% -0.5%0.2%
08:30USDPersonal Consumption Expenditures - Price Index (YoY)(Aug)3.5% 03.5%3.4%
08:30USDPersonal Income (MoM)(Aug)0.4% 00.4%0.2%
08:30USDPersonal Spending(Aug)0.4% 00.4%0.9%
08:30USDWholesale Inventories(Aug) PREL -0.1% -0.1%-0.2%
CPC …core being the most important because that is what the Fed looks at..
core monthly down from last month and lower than expected
core YOY down from last month
personal consumption and personal spending, up but as expected.
good numbers
 
Manufacturing PMI
09:45USDS&P Global Manufacturing PMI(Sep) TRADE NOW49.80.5648.948.9
manufacturing has been the economic weakest indicator ..over 50 is expansion and we are improving.
ISM reporting next..
 
10:00USDConstruction Spending (MoM)(Aug)0.5% 00.5%0.9%
10:00USDISM Manufacturing Employment Index(Sep)51.2-48.348.5
10:00USDISM Manufacturing New Orders Index(Sep)49.2--46.8
10:00USDISM Manufacturing PMI(Sep)49-47.747.6
10:00USDISM Manufacturing Prices Paid(Sep)43.8-48.648.4
Again..strongest numbers since last year..look at manufacturing employment ..
goodbye September…lol
 
14 months ago my complex had no vacancies. Today the rents are unchanged and lots of vacancies. We may see a drop in rent prices year over year in a couple of months !
 
TheEye said:
14 months ago my complex had no vacancies. Today the rents are unchanged and lots of vacancies. We may see a drop in rent prices year over year in a couple of months !
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Where? From everything I have seen (mostly SOUTHEAST) occupancy and rates are still very strong. Only location that I have seen recent weakness is Atlanta, due to over construction.
 
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SpikeUM said:
Where? From everything I have seen (mostly SOUTHEAST) occupancy and rates are still very strong. Only location that I have seen recent weakness is Atlanta, due to over construction.
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And still so much more in the pipeline . Interestingly, one of the few new luxury condo buildings (as opposed to rental) went up down the street from me in the last year or so and has one unit left.
 
wspcane said:
And still so much more in the pipeline . Interestingly, one of the few new luxury condo buildings (as opposed to rental) went up down the street from me in the last year or so and has one unit left.
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There is still a huge shortage nationwide of housing, so the problems are generally localized in rental residential due to overbuilding. Also, the upper end is still strong, because of so many wealthy individuals moving to the Sunbelt.
 
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