WEEKLY VANTAGE POINT: MAY 22 – 26, 2017

Reports to Watch

The week is full of key economic data from a variety of sectors.

  • Housing data hits on Tuesday with New Home Sales followed by Existing Home Sales on Wednesday.
  • As usual, weekly Initial Jobless Claims will be released on Thursday.
  • Friday brings the second read on first quarter Gross Domestic Product along with Durable Goods Orders and the Consumer Sentiment Index.

X Factor

Markets have been roiled recently by the political turmoil out of Washington, posting the biggest one-day decline in Stocks since September 2016.

The main driver of the plunge in Stocks was the question of whether or not the Trump administration’s pro-growth agenda would be derailed.

Will those headlines spill over into another week or will the markets get back to tracking economic growth, housing news and the path of interest rates?

Stay tuned to the Mortgage Market Guide as we navigate through the tumultuous terrain and steer you in the right direction.

For more detailed information and insight, view the Economic Calendar, the Daily Market Update and Guidance, and our exclusive Market News. And don’t forget, you can easily download the Economic Calendar to your Outlook Calendar to make sure you don’t miss important economic releases. Just click here to read instructions for downloading to Outlook.

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