Consumer Spending Surges Again with Tremendous Retail Sales
As consumer spending surges again, retail sales also faced a tremendous week. However, investors focused on the spreading coronavirus.
Coronavirus Dominated Financial Markets in New Ways This Week
Once again, the coronavirus dominated financial markets this week. In doing so, markets posted nearly unprecedented daily movements.
World Places Focus on Coronavirus as Cases Rise Globally
With Super Tuesday and the key monthly Employment report on the schedule, the world places focus on the coronavirus pandemic.
Eye-Opening Brexit Vote Looms as Analysts Look Towards Astonishing Future
This week, investors focused on international events as the eye-opening Brexit vote looms and United States-China trade deal makes progress.
Mortgage Rates Reverse Trends with Strong Economic Data
After a large decline in 2019 to the lowest levels in several years, mortgage rates finally reversed the trend due to this week's reports.
Mixed Economic Data This Week After Little Job Gains Miss
Mortgage rates saw little change after mixed economic data this week as investors look towards major central bank meetings later in the month.
Job Gains Tailspin Unexpectedly with the Employment Report Miss
As the U.S. realized weak labor market data, it saw job gains tailspin unexpectedly, leaving a favorable impact on mortgage rates.
CPI Shows Inflation Plummet as Mortgage Rates Actually Climb
As CPI shows inflation plummet, most investors expect moderate U.S. economic growth this year and weakness in other regions.
GDP Triumphs Over Forecasts for Stronger Economic Growth This Quarter
The latest data saw GDP triumph over forecasts, reflecting stronger economic growth this quarter and an unfavorable reaction for rates.
Focus on the Fed Influences Mortgage Rates This Week
As analysts place focus on the Fed minutes, mortgage rates fluctuated, ending the week higher than they were.