Listen Live:
Saturday’s: 9AM
Fox Sports Ventura
1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
(Back in the Fall on Sunday)
January Trade Balance -48.5B vs. estimates of -48.5B. This of course meets expectations and will not be a factor for today’s pricing.
READ MOREJanuary Factory Orders 1.2% vs. estimates of 1.2%. Not a factor for interest pricing today.
READ MOREInvestors will lock in Friday on speeches by the Federal Reserve’s top policy-makers, Yellen’s speech is scheduled for 1 PM Eastern Time. Warming up traders for the boss, four other Fed officials take the stage before her: Fed No. 2 Stanley Fischer, Fed Gov. Jerome Powell, the Chicago Fed’s Charles Evans and Richmond’s Jeffrey Lacker.
READ MOREFebruary ISM Non Manufacturing (Services) 57.6 vs.estimates of 56.5. This represents more than 2/3 of our economic engine, any reading above is expansionary.
READ MOREThe number of Americans who applied for unemployment benefits near the end of February fell by 19,000 to 223,000, setting a fresh postrecession low and illustrating the strength of the U.S. labor market.
READ MOREFutures pointed to fresh highs for U.S. stocks Wednesday, as investors appeared to give President Donald Trump the benefit of the doubt over his economic plans. Stocks also seemed to get a lift from comments by Federal Reserve officials, which drove up expectations for an U.S. interest-rate increase within weeks.
READ MOREConstruction spending tumbled 1% in January, lead by declines in transportation, roads and educational buildings. The consensus forecast among economists surveyed by MarketWatch was for a 0.6% increase. December data, originally reported as a 0.2% decline, was revised up to a 0.1% gain, and November’s 0.9% increase was revised up to a solid 1.5% gain.
READ MOREThe higher cost of goods such as gasoline pushed U.S. inflation in January to the highest level since 2012, offsetting rising household incomes and raising the odds of an increase in interest rates soon. A government report that tracks consumer spending showed a modest increase of 0.2% last month, with incomes rising even faster at
READ MOREMarch 01, 20170 CommentsBloggies by 888LIFE980 U.S. consumer spending rose less than expected in January as the largest monthly increase in inflation in four years eroded households’ purchasing power, pointing to moderate economic growth in the first quarter. The Commerce Department said on Wednesday that consumer spending, which accounts for more than two-thirds of U.S.
READ MOREThe spike in business optimism in the wake of the presidential election has cooled a bit, a report released Wednesday showed. The Federal Reserve’s so-called Beige Book, a collection of anecdotes about the economy gathered before the central bank makes interest-rate decisions, said “businesses were generally optimistic about the near term but to a somewhat
READ MORE