Month: July 2020

The Friday File: Tomorrow’s our 244th birthday! In 1776, there were 2.5 million residents of the world’s newest nation, today there are 329.9 million. The state with the longest name, the State of Rhode Island and Providence Plantations. The place…

Net job gains in June were an eyepopping 4.8 million, up from 2.7 million in May! The corrected unemployment rate is down to a still painfully high 12.1% from 16.3% last month. However, new Covid-19 cases are skyrocketing and at…

May existing home sales fell 26.6% Y-o-Y to 3.91 million, the lowest level of annualized activity since 10/10. Conversely, May new home sales rose 12.7% Y-o-Y to 676,000. May new home sales reflect May signed contracts. May existing sales reflect…