Type to search

Succinct Summation of Week’s Events 4.24.20

Breaking News

Succinct Summation of Week’s Events 4.24.20


Succinct Summations for the week ending April 24th, 2020


1. Despite everything going on, markets found their footing + some stability.
2. Jobless claims fell 810k w/o/w  (lol “a positive”)
3. FHFA house price index rose 0.7% m/o/m, above the expected increase of 0.4%.
4. Kansas City Mfg Index is at -30 in April, above the expected -33.
5. Consumer sentiment is at 71.8 for April, above the expected 68.0.


1. The latest crowd of idiots, hellbent on self-destruction have gone public, endangering themselves, which is fine, and everyone else, which is not.
2. 4.4 million new unemployment benefit claims;
3. Durable goods orders fell 14.4%, below expectations;
4. Existing home sales fell 8.5% m/o/m
5. New home sales fell to an annual rate of 627k from 741k.
6. Same sale stores fell 6.9% w/o/w

Thanks, Matt!


Print Friendly, PDF & Email

Leave a Comment

Your email address will not be published. Required fields are marked *