The fact that we’re all different is the one thing we all have in common.
During the day, I don’t believe in ghosts. At night, I’m a little more open-minded.
We all know that when someone says “stop clicking your pen” we always click it one more time.
I may look like I’m having deep thoughts, but 99% of the time I’m thinking about what I’m going to eat later.
In the future, I’ll tell my grandchildren that I am older than the internet, and blow their minds forever.
Now The Market Report . . .
Retail sales rose for a fifth straight month in June. A tight labor market and lower taxes have supported solid gains in household purchases.
Investors say the economy has plenty of steam despite bond market and trade fears. A flattening bond yield curve has caused concern in some circles.
The number of filings for unemployment benefits fell last week, hitting its lowest level in more than 48-1/2 years. The labor market continues to strengthen.
As expected, the NAHB Housing Market Index remained at 68 this month. The reading indicates a strong level of builder confidence in the new home market.
Inventory shortages have extended to land shortages as well. Homebuilding fell to a nine-month low in June, and permits declined for a third straight month.
While permits to build single-family homes rose 0.8% in June, they trailed starts, suggesting moderate gains in single-family homebuilding in the months ahead.
I got fired from my job as a taxi driver. It turns out my customers didn’t like it when I tried to go the extra mile.
This week’s potential market moving reports are:
Monday July 23rd: Existing Home Sales
Tuesday July 24th: Market Manufacturing
Wednesday July 25th: New Home Sales
Thursday July 26th: First Time Jobless Claims, Housing Vacancies for Q2
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