CalAtlantic Group Inc
GDP Will Be the Highlight This Week
We’re nearing the end of August—many investment professionals will be watching markets from the beach. The second revision to Q2 GDP will be out on Friday.
Job Openings Will Be the Highlight of an Otherwise Dull Week
There isn’t much in the way of market-moving economic data this week. One of the highlights will be the JOLTS job openings data on Wednesday.
FOMC Meeting Looms Large This Week
The FOMC meets on July 26 and 27. Two weeks ago, it was a non-event. The market has been raising its estimates for the federal funds rate by the end of 2016.
Homebuilder Earnings and Housing Data on Tap this Week
This week is relatively data-light. However, a slew of reports will interest real estate investors.
Quiet Week between the Jobs Report and FOMC Meeting
The week after the jobs report usually doesn’t have much data—more or less, this week isn’t an exception. Earnings season kicks off this week.
Brexit Will Overshadow Economic Data This Week
We do have some important economic data this week—personal income and spending, the third revision to first quarter GDP, and construction spending.
What Happened to KB Home’s Earnings in 2Q16?
KB Home’s net income came in at $15.6 million on a GAAP (generally accepted accounting principles) basis, as compared to $9.6 million in 2Q15.
FOMC Meeting Is the Highlight of the Week Ahead
This week contains some important data with housing starts, industrial production, and retail sales. The FOMC meeting will be the highlight on June 14 and 15.
Why Did the Jobs Report Shock Investors Last Week?
The shockingly weak jobs report on Friday dominated the week ending June 3. Non-farm payrolls only increased by 38,000.
High-Yield Bond Market Issuance Was Highest Year-to-Date
High-yield bond issuance activity increased significantly last week on a firm market condition. Issuers were in a rush to close deals ahead of Memorial Day weekend.
New Home Sales Impressed Wall Street while GDP Disappointed
The week ending May 27 was dominated by a big upward surprise in new home sales and a disappointing GDP revision on Friday.
Geographic Results for Toll Brothers in Fiscal 2Q16
In Toll Brothers’ North segment, the ASP (average selling price) rose from $630,000 to $705,000 in fiscal 2Q16.
Week in Review: The FOMC Minutes Shocked the Bond Market
Last week, bond yields rose to 1.84% on the FOMC minutes. Note the Fed has set up the Market for rate hikes several times in the past couple of years only to get cold feet at the last moment.
2nd revision to 1Q16 GDP Will Be the Highlight of the Week
On Friday, May 27, we’ll get the second revision to 1Q16 GDP. Wall Street is forecasting the number to come in at 0.9%.
Week in Review: Jobs Report Disappoints
The week ending May 6, 2016, was dominated by the jobs report on Friday. It was weaker than expected. The payroll growth was a measly 160,000.
Week Ahead: Retail Sales Will Dominate the Headlines
There will be a few important data points to ponder this week including job openings, retail sales, and inventory data.
The Week in Review: The Fed Stands Firm
Last week was dominated by the FOMC meeting, where the Fed maintained its current Fed funds rate. The language of the statement calmed bond investors, which sent yields down for the week.
A Data-Heavy Week Ahead, Dominated by Jobs Report
After an uneventful FOMC (Federal Open Market Committee) meeting last week where the Fed stood firm, all eyes turned to the jobs report this coming Friday, May 6.
FOMC Meeting Should Be a Non-Event This Week
The big event for investors will be the April FOMC meeting. Investors are assigning a 0% probability that the Fed will hike rates next week.
Week in Review: A Constructive Jobs Report
The jobs report was the highlight of the week. Payrolls increased by 215,000. The labor force participation rate inched up for the fifth month in a row.
Week in Review: NFIB Small Business Optimism Index Fell
There’s usually light data the week after the jobs report. Last week, the most important data point was the NFIB Small Business Optimism Index.
Why the FOMC Meeting Will Dominate the Week Ahead
This week has important economic data and the FOMC meeting. The markets are predicting a 15% chance that the Fed will raise the federal funds target on March 16.
What Economic Data Will We See This Week?
The week after the jobs report is usually very data-light, and this week is no exception. None of the economic reports this week will be market-moving.
Why Toll Brothers Has Reported a Drop in Earnings per Share
For fiscal 1Q16, Toll Brothers’ earnings were $73.2 million, or $0.40 per share, down from its net income of $81.3 million, or $0.44 per share, a year ago.
Week Ahead: Job Openings Are the Highlight of a Data-Light Week
This week, investors will still be digesting the jobs report from last Friday. The biggest data points will be the JOLTS jobs report and retail sales.
KB Home’s Earnings Miss Estimates
On an adjusted basis, KB Home’s net income came in at 43 cents per share, which missed the Wall Street estimate of 50 cents per share.
Why Construction Spending Is So Important to the Economy
In the quarter ending September 30, construction spending as a percentage of GDP rose to 6.1%. This was a big rise from a year ago when it stood at 5.4%.