Moore Mortgage Solutions

    This week several important monthly reports are being released with Wednesday and Thursday having the most important ones.

• Wednesday: Two retail sales reports will be released. One will have the total retail sales and the other will be minus the volatile auto sales. These reports measure board consumer spending on durable and non-durable products.
• Thursday: The Consumer Price Index (CPI) and the Core CPI will be released early in the day. The CPI measures the average price of a fixed basket of goods and services on 200 categories. And the Core CPI takes out food and energy. And then the Philadelphia Fed Index is also being reported. It deals with the regional expanding and contracting of the manufacturing sector.

    Remember, when the money flows into the stock market, interest rates go up. And when money flows out of the stock market into the bond market, rates will drift down.

    If any of these reports come in hotter than expected, I will be sure to update.

    Until then, make every day an inspired day!

Betsy Moore

betsy@mooremortgagesolutions.com