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Succinct Summation of Week’s Events for 9.27.19
Succinct Summations for the week ending September 27th, 2019 Positives: 1. Impeachment is finally here, and markets are n0w closer to resolving that uncertainty . . . 2. GDP rose 2.0% according to the third estimate for Q2. 3. New home sales rose to an annual rate of 713k in August, above previous 666k. 4. Pending home sales rose 1.6% m/o/m, above the expected increase of 0.6%. 5. New orders for durable goods rose 0.2% m/o/m, above the previous decrease of 1.2%. 6. Wholesale inventories rose 0.4% w/o/w, above the previous increase of 0.2%. 7. FHFA House Price Index rose 0.4% m/o/m, above the expected increase of ... (full story)