1
Sunday Night Futures
Weekend:
• Schedule for Week of June 16, 2019
Monday:
• At 8:30 AM, The New York Fed *Empire State manufacturing survey* for
June. The consensus is for a reading of 10.0, down from 17.8.
• At 10:00 AM, The June *NAHB homebuilder survey*. The consensus is for a
reading of 67, up from 66. Any number above 50 indicates that more builders
view sales conditions as good than poor.
From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 7 and DOW
futures are up 56 (fair value).
Oil prices were down over the last week with WTI futures at $52.60 per
barrel and Brent at $62.15 per b... more »
Future uncertain.
Some events are of high probability.
2
Pharma Execs Should Go To Jail and Pharma Should Be Publicly Run
*One vial of insulin cost $21 in 1996, compared to $320 in 2018. The cost
of Big Pharma’s outrageous greed is American lives. If they will not end
their greed then we will end it for them.* —Bernie Sanders Corporations are
bundles of rights. The most important right is a shield from liability.
Corporation rights […]
There must be a difference between close regulation and direct management.
Executives do not do research, development, or distribution.
The directors care about executives.
Communists buy their rope.
Socialists bargain with them.
3
Driver’s Licenses for the Undocumented: New York’s Immigration Land Mine
The topic is one of the most divisive issues before the State Legislature
this year, and Democrats worry it could endanger them politically.
I know of the M.S. St. Louis.
https://en.wikipedia.org/wiki/MS_St._Louis
Also the American Friends Service Committee.
https://en.wikipedia.org/wiki/American_Friends_Service_Committee
"Speak Truth to Power"
There is also the Underground Railroad.
Refugees should be unconditionally admitted.
4
Trump Campaign to Purge Pollsters After Leak of Dismal Results
Just two days before President Trump is set to kick off his re-election
campaign, his team was cutting ties with three pollsters as part of an
effort to prevent further leaks.
I intend to die of natural causes such as heat stroke or drowning.
5
Drug Prices Are a Populist Campaign Issue. Here Are the Latest Proposals to Lower Costs.
After years of public outrage, some bipartisan solutions are emerging. But
whether they will make it through a divided Washington is still unclear.
Bargaining over drug prices was suppressed by the Republican party.
Gas lighting is a Republican tactic.
6
Visa Delays at Backlogged Immigration Service Strand International Students
The Citizenship and Immigration Services agency has increased processing
times for applications from international students seeking summer jobs,
leaving hundreds stranded.
Another shot to the foot by the Trump administration.
**
Liberals Want Trump Impeached, but Centrist Freshmen May Have the Final Say
The president outrages the Democratic base daily, but the lawmakers who
gave Democrats their House majority remain firm that impeachment is not
what their constituents want.
Sacramento Housing in May: Sales Down 6% YoY, Active Inventory DOWN 8% YoY
From SacRealtor.org: May sees increase in sales, inventory
The month ended with 1,630 total sales, a 9% increase from the 1,496 sales
of April. *Compared to the same month last year (1,730), the current figure
is down 5.8%*.
...
The Active Listing Inventory increased 10.5% from 2,094 to 2,314 units. The
Months of Inventory, however, remained at 1.4 Months. [Note: *Compared to
May 2018, inventory is down 7.8%*] .
...
The Median DOM (days on market) dropped for the third month, decreasing
from 11 to 10 from April to May. The Average DOM also decreased, dropping
from 29 to 25. “Days on ... more »
Wall Street Donors Are Swooning for Mayor Pete. (They Like Biden and Harris, Too.)
Joe Biden, Pete Buttigieg and Kamala Harris are generating the most buzz,
but for different reasons. Hometown candidates like Kirsten Gillibrand and
Bill de Blasio are stirring less excitement.
‘Catastrophic,’ ‘Cataclysmic’: Trump’s Tariff Threat Has Retailers Sounding Alarm
Struggling to compete against online rivals, retailers could be forced to
close more stores if tariffs hit Chinese footwear, toys and apparel,
analysts say.
‘Who’s Taking Care of the Kids?’ Is Finally a Question for Dads on the Trail, Too
Men find themselves making a calculation that women have made for decades:
how to pursue public life and parenthood at the same time.
Trump Renews Feud With London Mayor, Calling Him a ‘Disaster’
President Trump assailed Sadiq Khan, the mayor, after a spate of knife
attacks in Britain’s capital. “He is a national disgrace,” the president
wrote.
Democratic Candidates Promise to Close Wealth Gap Between Blacks and Whites
Inequality of wealth and income was a dominant theme as four Democratic
candidates addressed the Black Economic Alliance’s forum in South Carolina.
Why The Consensus Environmental Predictions Are Wrong
So, a little bit ago I noted that with temperatures of 70 degrees in the
arctic, we could expect permafrost to melt, and that would release methane.
Methane is a lot stronger greenhouse gas than carbon, in the short run, and
there is a lot held in arctic permafrost. It was suggested that this was […]
In Face-Off With Iran, Escalation May Depend on Who Prevails Inside Washington and Tehran
The attacks in the Gulf of Oman emboldens the hard-liners in Iran and the
U.S., each able to argue their longtime adversary is itching for war.
Immigrants Brought Riches to Urban Schools. Now They’re in the Shadows.
As immigrant families forgo services or are dropped from public assistance,
schools are seeing their student populations undercounted and their funding
cut.
On the Doorstep With a Plea: Will You Support Medicare for All?
The nation’s largest nurses’ union is pushing Medicare for all from door to
door to door in swing House districts. But the campaign for a single-payer
health system is slow going.
As Passions Flare in Abortion Debate, Many Americans Say ‘It’s Complicated’
Abortion is anything but a simple issue. But the nuance in how most
Americans think about it has all but disappeared from the political
conversation, some voters say.
Schedule for Week of June 16, 2019
The key reports this week are May housing starts and existing home sales.
For manufacturing, the June New York and Philly Fed manufacturing surveys
will be released.
The FOMC meets this week, and no change to policy is expected at this
meeting.
*----- Monday, June 17th -----*
8:30 AM: The New York Fed *Empire State manufacturing survey* for June. The
consensus is for a reading of 10.0, down from 17.8.
10:00 AM: The June *NAHB homebuilder survey*. The consensus is for a
reading of 67, up from 66. Any number above 50 indicates that more builders
view sales conditions as good than poo... more »
Democratic Debates, Sanders on Socialism, New Polls: This Week in the 2020 Race
The stage is set for the first Democratic debates this month, Joe Biden and
President Trump square off in Iowa and we round up new policy proposals.
||
No comments:
Post a Comment