{"id":3325,"date":"2009-07-02T01:20:07","date_gmt":"2009-07-02T06:20:07","guid":{"rendered":"http:\/\/www.misuniversity.com\/blog\/judgement-liens\/judgement-liens-plenty-of-data-due-2"},"modified":"2020-12-23T21:50:57","modified_gmt":"2020-12-23T21:50:57","slug":"judgement-liens-plenty-of-data-due-2","status":"publish","type":"post","link":"https:\/\/misuniversity.com\/members\/judgement-liens-plenty-of-data-due-2\/","title":{"rendered":"(Judgement liens) Plenty of Data Due"},"content":{"rendered":"

More info...<\/a><\/b>
Tuesday
\nConsumer Confidence and Existing Home Slaes are due at 10:00 Eastern.
\nWednesday
\nDurable Goods Orders are due out at 8:30 Eastern.
\nThursday
\nWeekly Jobless Claims are due out at their usual 8:30 Eastern time, along with final revisions to second quarter GDP. New Home Sales follow at 10:00.
\nFriday
\nPersonal Income and Spending is due out at 8:30 Eastern. At the same time, monthly Core PCE figures should be released, followed by the Chicago PMI at 9:45. Construction Spending and Consumer Sentiment finish the data week at 10:00.<\/p>\n


Jobless Claims Down, Economy Picks Up - Housing Drags Yields<\/p>\n

<\/a><\/b>
Jobless Claims Drop
\nFirst-time Jobless Claims fell last week, contrary to what most analysts had expected. It was the lowest reading for initial claims in four months. The four-week moving average fell 9,750 to 311,500, easing some concerns about the job market.
\nEconomy Perks Up
\nThe final second quarter GDP results showed a rather quick 3.8% annual growth rate for the economy. Though less than the previous estimate of 4%, the revision represents a significant upside indicator for economic conditions. Changes to imports were primarily responsible for the downward revision to GDP.
\nNew Home Sales Fall
\nThursday's report on New Home Sales reflected an 8.3% drop in purchases to an annual rate of 795,000 homes It is the largest decline since 1970 and the lowest level in seven years. While much of the economy looks healthy, housing remains a drag, and analysts do not expect to see recovery soon.
\nFive-Year Auction Draws Strong Demand - Yields Slip
\nThursday's five-year Treasury auction drew solid demand, lifting prices and lowering yields. Some had been concerned that worldwide demand for US debt had softened. The auction results, combined with overall soft sentiment about the economy, pushed MBS and Treasury prices higher, taking yields down. By the end of trading, the 10-year Treasury yield was down to 4.57%.
\nThe next release will be Personal Income and Spending and Core PCE at 8:30 Eastern on Friday.<\/p>\n


Durables Decline, Yields Down<\/p>\n

<\/a><\/b>
Durable Goods Orders Fall
\nWednesday's report on Durable Goods Orders was expected to show a decline of about 3.5% in August, but the results were even lower - a 4.9% drop in durable goods orders overall. Without transportation equipment, which tend to sway the results widely, orders fell 1.8%. The report is a popular gauge of business sentiment, the thinking being that businesses will invest in durable goods only when their outlook is positive. Wednesday's report reflected the largest decline in orders in seven months.
\nYields Slip
\nThe soft economic news, combined with strong interest in the 2-year Treasury auction, pushed MBS and Treasury prices up on Wednesday, lowering yields. After opening higher, the 10-year Treasury yield was down to 4.62% by the end of the day - even with the previous day's close.
\nThe next releases will be Weekly Jobless Claims and the final revision to second-quarter GDP at 8:30 Eastern on Thursday.<\/p>\n

judgement enforcement<\/keyword><\/p>","protected":false},"excerpt":{"rendered":"

More info...Tuesday Consumer Confidence and Existing Home Slaes are due at 10:00 Eastern. Wednesday Durable Goods Orders are due out at 8:30 Eastern. Thursday Weekly Jobless Claims are due out at their usual 8:30 Eastern time, along with final revisions to second quarter GDP. New Home Sales follow at 10:00. Friday Personal Income and Spending<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[7,8,9,10,11],"tags":[],"class_list":["post-3325","post","type-post","status-publish","format-standard","hentry","category-d","category-defaulted-mortgages","category-judgement-liens","category-loan-modifications","category-s"],"_links":{"self":[{"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/posts\/3325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/comments?post=3325"}],"version-history":[{"count":0,"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/posts\/3325\/revisions"}],"wp:attachment":[{"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/media?parent=3325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/categories?post=3325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/tags?post=3325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}