Weekly Unemployment Claims show that there were an additional 3,170,000 new first time claims filed last week, which was slightly above the market’s expectation of 3,050,000. This brings the 7 week total to a staggering 33,500,000. Since not all people…
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Record Job Losses in April
ADP released their estimate of job gains (losses) this morning, showing that 20,236,000...
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Housing Market Tightens
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Stocks Start to Fade
After experiencing the best month in 30 years, US stocks are trending down...
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An Artificial Housing Market?
The big news of the week is surrounding cash out refinances. Fannie Mae...
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Unemployment Numbers Worse than Expected
It was reported this morning that another 3.84 million Americans filed for unemployment...
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GDP Falls Harder than Anticipated
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Consumer Confidence Finally Weakens
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Re-Open without Consumers?
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Consumers Will Eventually Pay for Payment Forbearances
The FHFA announced that lenders selling loans that are in payment forbearance to...
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