SlideShare a Scribd company logo
Weekly Review
June 29 2012

     John Stewart
   Managing Director
   Vantage Economics
Overview
   FOMC Meeting
      Extension of Operation Twist (Maturity

       Extension Program)
   New Home Sales
      Retail / B-to-C / Construction

   Consumers
      Durable Goods

      Spending




    www.vantageeconomics.com
FOMC
   http://www.vantageeconomics.com/thevantagetimes-
    blog/?p=1306
   Although overall direct effects on business are not likely
    to be broad and large they will on net be positive;
      Watch for capital financing restrictions

      Watch for inflation (consumer discretionary products)




    www.vantageeconomics.com
FOMC
   Flight to quality in times of uncertainty
      U.S. dollar, bond prices appreciate

      U.S. interest rates fall

      U.S. equities – volatile and therefore dependent on

       timing
   How long will it last?




    www.vantageeconomics.com
Questions about
        refinancing, investment
        purchases, insurance risk,
        etc.




www.vantageeconomics.com
New Homes Sold
    Number of Homes
    (ths, annual rate)

1,600

1,400

1,200

1,000

 800

 600

 400
                                              The decline in sales seems to have
 200                                          hit bottom and stopped its skid;
                                              sales are up 75% since Nov 2010!
    0
    1966 1969 1972 1975 1978 1981 1984 1987 1990 1993 1996 1999 2002 2005 2008 2011
 Source: Census Bureau;




          www.vantageeconomics.com
Inventory of New Homes
   Months Supply

14.0
                                                                           Current inventory has
12.0                                                                       dropped to 4.7 months;
                                                                           average bottom is 4.4

10.0


 8.0


 6.0


 4.0


 2.0


 0.0
  Jan-63 Jan-66 Jan-69 Jan-72 Jan-75 Jan-78 Jan-81 Jan-84 Jan-87 Jan-90 Jan-93 Jan-96 Jan-99 Jan-02 Jan-05 Jan-08 Jan-11
  Source: Census Bureau;



       www.vantageeconomics.com
www.vantageeconomics.com
www.vantageeconomics.com
www.vantageeconomics.com
www.vantageeconomics.com
www.vantageeconomics.com
www.vantageeconomics.com
The Consumer
   PCE was weak
   However, real incomes had largest gain since June 2010




    www.vantageeconomics.com
www.vantageeconomics.com
www.vantageeconomics.com
www.vantageeconomics.com

More Related Content

What's hot

Financial Advisory Company | NSE BSE Intraday Tips | MCX NCDEX Tips | Free St...
Financial Advisory Company | NSE BSE Intraday Tips | MCX NCDEX Tips | Free St...Financial Advisory Company | NSE BSE Intraday Tips | MCX NCDEX Tips | Free St...
Financial Advisory Company | NSE BSE Intraday Tips | MCX NCDEX Tips | Free St...
Money CapitalHeight Research Investment Advisers Pvt Ltd
 
November 2018 Realtor Report
November 2018 Realtor ReportNovember 2018 Realtor Report
Annie Williams Real Estate Report - November 2020
Annie Williams Real Estate Report - November 2020Annie Williams Real Estate Report - November 2020
Annie Williams Real Estate Report - November 2020
Jon Weaver
 
Equity Valuations Perspective | ICICI Prudential Mutual Fund
Equity Valuations Perspective | ICICI Prudential Mutual FundEquity Valuations Perspective | ICICI Prudential Mutual Fund
Equity Valuations Perspective | ICICI Prudential Mutual Fund
iciciprumf
 
Annie Williams Real Estate Report - November 2021
Annie Williams Real Estate Report - November 2021Annie Williams Real Estate Report - November 2021
Annie Williams Real Estate Report - November 2021
Annie Williams
 
Newsletter 092115 Final Volume 1 Issue 13
Newsletter 092115 Final Volume 1 Issue 13Newsletter 092115 Final Volume 1 Issue 13
Newsletter 092115 Final Volume 1 Issue 13Jonathan M. Lamb
 
Weekly economic calendar
Weekly economic calendarWeekly economic calendar
February 25 2013 economic update
February 25 2013 economic updateFebruary 25 2013 economic update
February 25 2013 economic update
Finer Wealth Management, Inc.
 
January 2018 Florida Real Estate Statistics
January 2018 Florida Real Estate Statistics January 2018 Florida Real Estate Statistics
January 2018 Florida Real Estate Statistics
Matias Escobar
 
Annie Williams Real Estate Report - January 2021
Annie Williams Real Estate Report - January 2021Annie Williams Real Estate Report - January 2021
Annie Williams Real Estate Report - January 2021
Jon Weaver
 
Toronto Real Estate Return On Investment: Q4 2019 ROI
Toronto Real Estate Return On Investment: Q4 2019 ROIToronto Real Estate Return On Investment: Q4 2019 ROI
Toronto Real Estate Return On Investment: Q4 2019 ROI
Scott Ingram, CPA, CA, MBA
 
LBS: Economic Research and Strategy
LBS:   Economic Research and StrategyLBS:   Economic Research and Strategy
LBS: Economic Research and Strategy
Mark MacIsaac
 
Annie Williams Real Estate Report - June 2020
Annie Williams Real Estate Report - June 2020Annie Williams Real Estate Report - June 2020
Annie Williams Real Estate Report - June 2020
Jon Weaver
 
Morning Joe Charts - Income Inequality 3.16.12
Morning Joe Charts - Income Inequality 3.16.12Morning Joe Charts - Income Inequality 3.16.12
Morning Joe Charts - Income Inequality 3.16.12rattnerfamily
 
CCA Items Of Interest—Sep 2011
CCA Items Of Interest—Sep 2011CCA Items Of Interest—Sep 2011
CCA Items Of Interest—Sep 2011
Ronald Quintero
 
Annie Williams Real Estate Report - March 2021
Annie Williams Real Estate Report - March 2021Annie Williams Real Estate Report - March 2021
Annie Williams Real Estate Report - March 2021
Annie Williams
 
Strategy - Leading Indicators - June 2016
Strategy - Leading Indicators - June 2016Strategy - Leading Indicators - June 2016
Strategy - Leading Indicators - June 2016Daniel Mancia Nunes
 

What's hot (20)

Economic calendar 27 06-2011 to 01-07-2011
Economic calendar 27 06-2011 to 01-07-2011Economic calendar 27 06-2011 to 01-07-2011
Economic calendar 27 06-2011 to 01-07-2011
 
Financial Advisory Company | NSE BSE Intraday Tips | MCX NCDEX Tips | Free St...
Financial Advisory Company | NSE BSE Intraday Tips | MCX NCDEX Tips | Free St...Financial Advisory Company | NSE BSE Intraday Tips | MCX NCDEX Tips | Free St...
Financial Advisory Company | NSE BSE Intraday Tips | MCX NCDEX Tips | Free St...
 
November 2018 Realtor Report
November 2018 Realtor ReportNovember 2018 Realtor Report
November 2018 Realtor Report
 
Annie Williams Real Estate Report - November 2020
Annie Williams Real Estate Report - November 2020Annie Williams Real Estate Report - November 2020
Annie Williams Real Estate Report - November 2020
 
Equity Valuations Perspective | ICICI Prudential Mutual Fund
Equity Valuations Perspective | ICICI Prudential Mutual FundEquity Valuations Perspective | ICICI Prudential Mutual Fund
Equity Valuations Perspective | ICICI Prudential Mutual Fund
 
Annie Williams Real Estate Report - November 2021
Annie Williams Real Estate Report - November 2021Annie Williams Real Estate Report - November 2021
Annie Williams Real Estate Report - November 2021
 
Newsletter 092115 Final Volume 1 Issue 13
Newsletter 092115 Final Volume 1 Issue 13Newsletter 092115 Final Volume 1 Issue 13
Newsletter 092115 Final Volume 1 Issue 13
 
Weekly economic calendar
Weekly economic calendarWeekly economic calendar
Weekly economic calendar
 
February 25 2013 economic update
February 25 2013 economic updateFebruary 25 2013 economic update
February 25 2013 economic update
 
January 2018 Florida Real Estate Statistics
January 2018 Florida Real Estate Statistics January 2018 Florida Real Estate Statistics
January 2018 Florida Real Estate Statistics
 
Annie Williams Real Estate Report - January 2021
Annie Williams Real Estate Report - January 2021Annie Williams Real Estate Report - January 2021
Annie Williams Real Estate Report - January 2021
 
Economic calendar
Economic calendarEconomic calendar
Economic calendar
 
Toronto Real Estate Return On Investment: Q4 2019 ROI
Toronto Real Estate Return On Investment: Q4 2019 ROIToronto Real Estate Return On Investment: Q4 2019 ROI
Toronto Real Estate Return On Investment: Q4 2019 ROI
 
LBS: Economic Research and Strategy
LBS:   Economic Research and StrategyLBS:   Economic Research and Strategy
LBS: Economic Research and Strategy
 
Annie Williams Real Estate Report - June 2020
Annie Williams Real Estate Report - June 2020Annie Williams Real Estate Report - June 2020
Annie Williams Real Estate Report - June 2020
 
Jwt austerity index q1 2013 final
Jwt austerity index q1 2013 finalJwt austerity index q1 2013 final
Jwt austerity index q1 2013 final
 
Morning Joe Charts - Income Inequality 3.16.12
Morning Joe Charts - Income Inequality 3.16.12Morning Joe Charts - Income Inequality 3.16.12
Morning Joe Charts - Income Inequality 3.16.12
 
CCA Items Of Interest—Sep 2011
CCA Items Of Interest—Sep 2011CCA Items Of Interest—Sep 2011
CCA Items Of Interest—Sep 2011
 
Annie Williams Real Estate Report - March 2021
Annie Williams Real Estate Report - March 2021Annie Williams Real Estate Report - March 2021
Annie Williams Real Estate Report - March 2021
 
Strategy - Leading Indicators - June 2016
Strategy - Leading Indicators - June 2016Strategy - Leading Indicators - June 2016
Strategy - Leading Indicators - June 2016
 

Viewers also liked

Pom project defense presentation
Pom project   defense presentationPom project   defense presentation
Pom project defense presentation
Jas Alvarado
 
Daimler World Dialogue
Daimler World DialogueDaimler World Dialogue
Daimler World Dialogue
naty_csm
 
Christopher Columbus
Christopher ColumbusChristopher Columbus
Christopher Columbuschinckley
 
Some of me
Some of meSome of me
Some of me
Jesus Oswaldo
 
Lembaga Pelatihan Pengadaan Barang/Jasa Intens Learning Center
Lembaga Pelatihan Pengadaan Barang/Jasa Intens Learning CenterLembaga Pelatihan Pengadaan Barang/Jasa Intens Learning Center
Lembaga Pelatihan Pengadaan Barang/Jasa Intens Learning Center
Pelatihan Pengadaan Intenslearningcenter
 
Ppt pasal 21
Ppt pasal 21Ppt pasal 21
Ppt pasal 21
Roi Ezman
 
Carla mantovani coaching apres
Carla mantovani coaching apresCarla mantovani coaching apres
Carla mantovani coaching apresCarla Mantovani
 
เอกสารปริทัศน์การศึกษาไทย
เอกสารปริทัศน์การศึกษาไทยเอกสารปริทัศน์การศึกษาไทย
เอกสารปริทัศน์การศึกษาไทยChitpon Sukoon
 
Daimler World Dialogue
Daimler World DialogueDaimler World Dialogue
Daimler World Dialogue
naty_csm
 

Viewers also liked (13)

Weekly test1
Weekly test1Weekly test1
Weekly test1
 
Jesus v portfolio
Jesus v portfolioJesus v portfolio
Jesus v portfolio
 
Pom project defense presentation
Pom project   defense presentationPom project   defense presentation
Pom project defense presentation
 
Daimler World Dialogue
Daimler World DialogueDaimler World Dialogue
Daimler World Dialogue
 
Christopher Columbus
Christopher ColumbusChristopher Columbus
Christopher Columbus
 
Digital resume
Digital resumeDigital resume
Digital resume
 
SCI Brochure
SCI BrochureSCI Brochure
SCI Brochure
 
Some of me
Some of meSome of me
Some of me
 
Lembaga Pelatihan Pengadaan Barang/Jasa Intens Learning Center
Lembaga Pelatihan Pengadaan Barang/Jasa Intens Learning CenterLembaga Pelatihan Pengadaan Barang/Jasa Intens Learning Center
Lembaga Pelatihan Pengadaan Barang/Jasa Intens Learning Center
 
Ppt pasal 21
Ppt pasal 21Ppt pasal 21
Ppt pasal 21
 
Carla mantovani coaching apres
Carla mantovani coaching apresCarla mantovani coaching apres
Carla mantovani coaching apres
 
เอกสารปริทัศน์การศึกษาไทย
เอกสารปริทัศน์การศึกษาไทยเอกสารปริทัศน์การศึกษาไทย
เอกสารปริทัศน์การศึกษาไทย
 
Daimler World Dialogue
Daimler World DialogueDaimler World Dialogue
Daimler World Dialogue
 

Similar to June 29 2012 slides

200808 Life Industry: Trends and Developments Influencing Industr7
200808 Life Industry: Trends and Developments Influencing Industr7200808 Life Industry: Trends and Developments Influencing Industr7
200808 Life Industry: Trends and Developments Influencing Industr7
Steven Callahan
 
Economic and Housing Market Trends and Outlook
Economic and Housing Market Trends and OutlookEconomic and Housing Market Trends and Outlook
Economic and Housing Market Trends and Outlook
Nar Res
 
Wells Fargo - SDBJ 2016 Economic Trends
Wells Fargo - SDBJ 2016 Economic TrendsWells Fargo - SDBJ 2016 Economic Trends
Wells Fargo - SDBJ 2016 Economic Trends
sdbusinessjournal
 
Weekly Economic Update August 6 2012
Weekly Economic Update August 6 2012Weekly Economic Update August 6 2012
Weekly Economic Update August 6 2012
Finer Wealth Management, Inc.
 
Investment Opportunity In Indonesia 12 November 2011
Investment Opportunity In Indonesia 12 November 2011Investment Opportunity In Indonesia 12 November 2011
Investment Opportunity In Indonesia 12 November 2011Adrian Teja
 
10 Macroeconomic Forecasts for 2016
10 Macroeconomic Forecasts for 201610 Macroeconomic Forecasts for 2016
10 Macroeconomic Forecasts for 2016
Guggenheim Partners
 
Economy and equity markets: are they disconnected?
Economy and equity markets: are they disconnected?Economy and equity markets: are they disconnected?
Economy and equity markets: are they disconnected?
Markets Beyond
 
Sequoia Capital on startups and the economic downturn
Sequoia Capital on startups and the economic downturnSequoia Capital on startups and the economic downturn
Sequoia Capital on startups and the economic downturn
Eric Eldon
 
JFK University Presentation
JFK University PresentationJFK University Presentation
JFK University Presentation
Barry Mendelson
 
Q4 Economic Webinar with Dr. Joe Webb
Q4 Economic Webinar with Dr. Joe WebbQ4 Economic Webinar with Dr. Joe Webb
Q4 Economic Webinar with Dr. Joe Webb
Eric Vessels
 
December 2010 CRS Meeting
December 2010 CRS MeetingDecember 2010 CRS Meeting
December 2010 CRS Meeting
NVAR .com
 
Commercial real estate outlook
Commercial real estate outlookCommercial real estate outlook
Commercial real estate outlook
National Association of Realtors
 
ATM summer (May) 2006
ATM summer (May) 2006ATM summer (May) 2006
ATM summer (May) 2006Greg Meier
 
National Residential Real Estate Market - March 2019 update
National Residential Real Estate Market - March 2019 updateNational Residential Real Estate Market - March 2019 update
National Residential Real Estate Market - March 2019 update
Scott Rodgers
 
Lynam team newsletter blog
Lynam team newsletter blogLynam team newsletter blog
Lynam team newsletter bloglynamteamleads
 
Mercer Capital's Value Focus: Auto Dealer Industry | Mid-Year 2014
Mercer Capital's Value Focus: Auto Dealer Industry | Mid-Year 2014Mercer Capital's Value Focus: Auto Dealer Industry | Mid-Year 2014
Mercer Capital's Value Focus: Auto Dealer Industry | Mid-Year 2014
Mercer Capital
 
The Curious Case of Savings-Investment Gap and its Implications for India
The Curious Case of Savings-Investment Gap and its Implications for IndiaThe Curious Case of Savings-Investment Gap and its Implications for India
The Curious Case of Savings-Investment Gap and its Implications for India
Ashutosh Bhargava
 
2016 Market Outlook Presentation by REALTOR.com's Jonathan Smoke
2016 Market Outlook Presentation by REALTOR.com's Jonathan Smoke2016 Market Outlook Presentation by REALTOR.com's Jonathan Smoke
2016 Market Outlook Presentation by REALTOR.com's Jonathan Smoke
JessKern
 
31002261 Mark Woodworth Pkf Consulting What Better Time
31002261 Mark Woodworth Pkf Consulting What Better Time31002261 Mark Woodworth Pkf Consulting What Better Time
31002261 Mark Woodworth Pkf Consulting What Better Time
Danilo Papaleo
 

Similar to June 29 2012 slides (20)

200808 Life Industry: Trends and Developments Influencing Industr7
200808 Life Industry: Trends and Developments Influencing Industr7200808 Life Industry: Trends and Developments Influencing Industr7
200808 Life Industry: Trends and Developments Influencing Industr7
 
Economic and Housing Market Trends and Outlook
Economic and Housing Market Trends and OutlookEconomic and Housing Market Trends and Outlook
Economic and Housing Market Trends and Outlook
 
Wells Fargo - SDBJ 2016 Economic Trends
Wells Fargo - SDBJ 2016 Economic TrendsWells Fargo - SDBJ 2016 Economic Trends
Wells Fargo - SDBJ 2016 Economic Trends
 
Weekly Economic Update August 6 2012
Weekly Economic Update August 6 2012Weekly Economic Update August 6 2012
Weekly Economic Update August 6 2012
 
Investment Opportunity In Indonesia 12 November 2011
Investment Opportunity In Indonesia 12 November 2011Investment Opportunity In Indonesia 12 November 2011
Investment Opportunity In Indonesia 12 November 2011
 
10 Macroeconomic Forecasts for 2016
10 Macroeconomic Forecasts for 201610 Macroeconomic Forecasts for 2016
10 Macroeconomic Forecasts for 2016
 
April en lvrec
April en lvrecApril en lvrec
April en lvrec
 
Economy and equity markets: are they disconnected?
Economy and equity markets: are they disconnected?Economy and equity markets: are they disconnected?
Economy and equity markets: are they disconnected?
 
Sequoia Capital on startups and the economic downturn
Sequoia Capital on startups and the economic downturnSequoia Capital on startups and the economic downturn
Sequoia Capital on startups and the economic downturn
 
JFK University Presentation
JFK University PresentationJFK University Presentation
JFK University Presentation
 
Q4 Economic Webinar with Dr. Joe Webb
Q4 Economic Webinar with Dr. Joe WebbQ4 Economic Webinar with Dr. Joe Webb
Q4 Economic Webinar with Dr. Joe Webb
 
December 2010 CRS Meeting
December 2010 CRS MeetingDecember 2010 CRS Meeting
December 2010 CRS Meeting
 
Commercial real estate outlook
Commercial real estate outlookCommercial real estate outlook
Commercial real estate outlook
 
ATM summer (May) 2006
ATM summer (May) 2006ATM summer (May) 2006
ATM summer (May) 2006
 
National Residential Real Estate Market - March 2019 update
National Residential Real Estate Market - March 2019 updateNational Residential Real Estate Market - March 2019 update
National Residential Real Estate Market - March 2019 update
 
Lynam team newsletter blog
Lynam team newsletter blogLynam team newsletter blog
Lynam team newsletter blog
 
Mercer Capital's Value Focus: Auto Dealer Industry | Mid-Year 2014
Mercer Capital's Value Focus: Auto Dealer Industry | Mid-Year 2014Mercer Capital's Value Focus: Auto Dealer Industry | Mid-Year 2014
Mercer Capital's Value Focus: Auto Dealer Industry | Mid-Year 2014
 
The Curious Case of Savings-Investment Gap and its Implications for India
The Curious Case of Savings-Investment Gap and its Implications for IndiaThe Curious Case of Savings-Investment Gap and its Implications for India
The Curious Case of Savings-Investment Gap and its Implications for India
 
2016 Market Outlook Presentation by REALTOR.com's Jonathan Smoke
2016 Market Outlook Presentation by REALTOR.com's Jonathan Smoke2016 Market Outlook Presentation by REALTOR.com's Jonathan Smoke
2016 Market Outlook Presentation by REALTOR.com's Jonathan Smoke
 
31002261 Mark Woodworth Pkf Consulting What Better Time
31002261 Mark Woodworth Pkf Consulting What Better Time31002261 Mark Woodworth Pkf Consulting What Better Time
31002261 Mark Woodworth Pkf Consulting What Better Time
 

Recently uploaded

20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
tjcomstrang
 
chapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxationchapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxation
AUDIJEAngelo
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
Workforce Group
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
Ben Wann
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
Sam H
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
dylandmeas
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
HARSHITHV26
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
Operational Excellence Consulting
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
zoyaansari11365
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
Filing Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideFiling Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed Guide
YourLegal Accounting
 
Role of Remote Sensing and Monitoring in Mining
Role of Remote Sensing and Monitoring in MiningRole of Remote Sensing and Monitoring in Mining
Role of Remote Sensing and Monitoring in Mining
Naaraayani Minerals Pvt.Ltd
 

Recently uploaded (20)

20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
 
chapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxationchapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxation
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
Filing Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideFiling Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed Guide
 
Role of Remote Sensing and Monitoring in Mining
Role of Remote Sensing and Monitoring in MiningRole of Remote Sensing and Monitoring in Mining
Role of Remote Sensing and Monitoring in Mining
 

June 29 2012 slides

  • 1. Weekly Review June 29 2012 John Stewart Managing Director Vantage Economics
  • 2. Overview  FOMC Meeting  Extension of Operation Twist (Maturity Extension Program)  New Home Sales  Retail / B-to-C / Construction  Consumers  Durable Goods  Spending www.vantageeconomics.com
  • 3. FOMC  http://www.vantageeconomics.com/thevantagetimes- blog/?p=1306  Although overall direct effects on business are not likely to be broad and large they will on net be positive;  Watch for capital financing restrictions  Watch for inflation (consumer discretionary products) www.vantageeconomics.com
  • 4. FOMC  Flight to quality in times of uncertainty  U.S. dollar, bond prices appreciate  U.S. interest rates fall  U.S. equities – volatile and therefore dependent on timing  How long will it last? www.vantageeconomics.com
  • 5. Questions about refinancing, investment purchases, insurance risk, etc. www.vantageeconomics.com
  • 6. New Homes Sold Number of Homes (ths, annual rate) 1,600 1,400 1,200 1,000 800 600 400 The decline in sales seems to have 200 hit bottom and stopped its skid; sales are up 75% since Nov 2010! 0 1966 1969 1972 1975 1978 1981 1984 1987 1990 1993 1996 1999 2002 2005 2008 2011 Source: Census Bureau; www.vantageeconomics.com
  • 7. Inventory of New Homes Months Supply 14.0 Current inventory has 12.0 dropped to 4.7 months; average bottom is 4.4 10.0 8.0 6.0 4.0 2.0 0.0 Jan-63 Jan-66 Jan-69 Jan-72 Jan-75 Jan-78 Jan-81 Jan-84 Jan-87 Jan-90 Jan-93 Jan-96 Jan-99 Jan-02 Jan-05 Jan-08 Jan-11 Source: Census Bureau; www.vantageeconomics.com
  • 14. The Consumer  PCE was weak  However, real incomes had largest gain since June 2010 www.vantageeconomics.com