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The Big Game {Market Report} February 4th

The Big Game {Market Report} February 4th
February 4, 2019 abryant



It’s almost here!

Will you watch the game with family and friends? Order pizza and wings? Tune in only for the commercials? No matter how you celebrate, I hope you enjoy this uniquely American tradition.

May your favorite team win!


Bumper sticker: If my bumper falls off I’ll need this sticker back.

I’d do anything for a perfect beach body, except work out and eat less.

Someone asked me where I was born, I said the hospital.

Classical music just confuses all the other voices in my head.


Now The Market Report . . .


Consumer confidence was down this month, likely affected by the government shutdown. Still, consumer spirits remain robust by historic standards.

The Fed left policy rates unchanged at this week’s FOMC meeting. They also signaled that future rate hikes this year are less likely than previously forecast.

Trade talks with China continue this week, though there is still little indication they are willing to bend to U.S. demands. The deadline for striking a deal is March 1.


Case-Shiller says home prices are rising at a slower pace. Even still, values increased 5.2% annually in November, only down from 5.3% in October.

Pending home sales were down slightly in December. Although tight supply continues to play a role, a drop in mortgage rates is expected to help.

New home sales were up 16.9% in November, vs 2.9% expected. The median sales price of new houses sold in November 2018 was $302,400.



“Impossible is not a fact. It’s an opinion.”

– Muhammad Ali


This week’s potential market moving reports are:


Monday, February 4th:          Factory Orders

Tuesday, February 5th:         ISM Manufacturing Data

Wednesday, February 6th:   MBA Applications, 4th Quarter Productivity

Thursday, February 7th:        First Time Jobless Claims

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