In case you were busy last Holiday Shortened week (Hope you had a Happy Fourth of July) and missed a couple of important data points …. here they are
MBA Purchasing Index Continues to Do Great
First Mentioned here, back in March, last week (7-1-20) another very strong reading of the MBA Purchase index, which is an index that tracks purchases of homes, (Excludes Refinances) and gives a good future expectation view of home movement, value and transaction…
On a personal, in-house perspective, with an unusually high 20 and counting residential home movements SO FAR this year, we are seeing a liquid, fair and fast paced market!
Employment Update – BLS
Then, the BLS (Bureau of Labor Statics) released their update on the unemployment rates…
Yes it is still high, but the drop caught many by surprise and was a much greater drop than expected!
A pretty Good Good economic release week…again, that may have slipped by you!
Have a Great ” Good Last Week Economic Numbers” Monday!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth