June 7, 2019 4:30pm by
Succinct Summations for the week ending June 7th, 2019
1. Markets rally nearly 5% on expectations of a July Rate cut; DJIA gained > 1000 points this week.
2. Wages increased by 3.1 percent year-over-year.
3. Unemployment rate remains at 3.6%. Jobless claims came in 218k for the week keeping the 4-week average at 215k.
4. Home mortgage refinance apps rose 6.0% w/o/w after previous decrease of
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