Skip to main content

Case Shiller 20 City Index shows that prices are down 1.2% from this time last year, while a 1.3% decline was expected.

The JOLTS report shows that job openings fell 3.63% from last month, fewer people quit their jobs, and more people were let go from their positions. The labor market, which has been the shining star in the U.S. economy over the last few years, may be starting to weaken.

Consumer Confidence came down to 106.1 from 114 in July, and a big miss from the 116 anticipated reading.

All three of these data points are disinflationary and are giving MBS a boost, easing interest rate pressure.


Leave a Reply