Opinions Uncensored

Small Business Optimism Index increased in July

From the National Federation of Independent Business (NFIB): July 2018 Report: Small Business Optimism IndexThe Small Business Optimism Index marked its second highest level in the survey’s 45-year history at 107.9, rising to within 0.1 point of the July 1983 record-high of 108...Fifty-nine...

Tuesday: Q2 Quarterly Report on Household Debt and Credit

From Matthew Graham at Mortgage News Daily: Mortgage Rates Hold Steady at 3-Week LowsMortgage rates stayed steady at the lowest levels in more than 3 weeks as financial markets are still accounting for additional risks relating to Turkey. Simply put, Turkey is in the midst of a...

Long Beach Port Traffic "Dips" in July

From the Port of Long Beach: July Container Volumes Dip in Long BeachThe Port of Long Beach saw a decline in container volumes in July compared to the same month a year ago, which hit a historic high that has since been surpassed.The drop, 4.4 percent, was attributed to shipping alliances’...

Housing Inventory Tracking

Update: This update includes inventory in Las Vegas and Sacramento through July.Watching existing home "for sale" inventory is very helpful. As an example, the increase in inventory in late 2005 helped me call the top for housing.And the decrease in inventory eventually helped me correctly...

Sunday Night Futures

Weekend:• Schedule for Week of Aug 12, 2018Monday:• No major economic releases scheduled.From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 and DOW futures are down slightly (fair value).Oil prices were down over the last week with WTI futures at $67.87 per barrel and Brent at $73.00...