Sunday , July 21 2019
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Sunday Night Futures

Summary:
Weekend:• Schedule for Week of March 17, 2019• FOMC PreviewMonday:• 10:00 AM, The March NAHB homebuilder survey. The consensus is for a reading of  63, up from 62.  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 and DOW futures are down slightly (fair value).Oil prices were up slightly over the last week with WTI futures at .39 per barrel and Brent at .07 per barrel.  A year ago, WTI was at , and Brent was at - so WTI oil prices are down less than 10% year-over-year, and Brent is up slightly. Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at .54 per gallon. A year ago prices were at .54 per gallon, so gasoline prices are unchanged

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Weekend:
Schedule for Week of March 17, 2019

FOMC Preview

Monday:
• 10:00 AM, The March NAHB homebuilder survey. The consensus is for a reading of  63, up from 62.  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 and DOW futures are down slightly (fair value).

Oil prices were up slightly over the last week with WTI futures at $58.39 per barrel and Brent at $67.07 per barrel.  A year ago, WTI was at $62, and Brent was at $65 - so WTI oil prices are down less than 10% year-over-year, and Brent is up slightly.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.54 per gallon. A year ago prices were at $2.54 per gallon, so gasoline prices are unchanged year-over-year.
Bill McBride
A full time blogger, Mr. McBride retired as a senior executive from a small public company in the '90s. Mr. McBride holds an MBA from the University of California, Irvine, and has a background in management, finance and economics.

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