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Fads come and go. Find out which are out! {Market Report} February 10th

Fads come and go. Find out which are out! {Market Report} February 10th
February 10, 2020 abryant

 

 

 

 

I never drink water because of the disgusting things that fish do in it.

I wanna make a jigsaw puzzle that’s 40,000 pieces. And when you finish it, it says “go outside.”

Another term for balloon is bad breath holder.

Swimming is a confusing sport, because sometimes you do it for fun, and other times you do it to not die. And when I’m swimming, sometimes I’m not sure which one it is.

I like fruit baskets because it gives you the ability to mail someone a piece of fruit without appearing insane. Like, if someone just mailed you an apple you’d be like, “What the heck is this?” But if it’s in a fruit basket you’re like, “This is nice!”

 

Now The Market Report . . .

 

Manufacturing activity rebounded in January, with the ISM index at its highest level since July. The improvement likely reflects ebbing trade tensions with China.

Fears of a slowdown in the global economy caused by the coronavirus are dissipating. Stocks have recovered, and rates are creeping up on new investor optimism.

New orders for U.S. made goods saw their highest increase in nearly 1-1/2 yrs in December. The data points to an improving economy, which could pressure rates higher.

 

Construction spending dipped in December. However, residential construction spending gained 1.4% as homebuilders grew more confident.

Realtor.com predicts millennials’ share of mortgage originations will surpass 50% for the first time this spring, with Gen X at 32% and baby boomers at 17%.

Home design and decorating fads that are fading fast include macramé, all-gray interiors, shiplap, tribal prints, concrete countertops, and accent walls.

 

“All you need in this life is ignorance and confidence, and then success is sure.”
Mark Twain

 

This week’s potential market moving reports are:

 

Monday, February 10th:         No Reports Scheduled

Tuesday, February 11th:         Job Openings Report

Wednesday, February 12th:   MBA Applications

Thursday, February 13th:       Weekly Jobless Claims, Consumer Price Index

Friday, February 14th:            Retail Sales, Industrial Production

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