| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| PPI | April: +0.2% | May: +1.0% | May: +1.4% |
| PPI Core | April: +0.4% | May: +0.2% | May: +0.2% |
| Housing Starts | April: 1.008M | May: 985,000 | May: 975,000 |
| Building Permits | April: 982,000 | May: 960,000 | May: 969,000 |
| Current Acct | Q4: -$167.2B | Q1: -$172.0B | Q1: -$176.4B |
| Industrial Prod. | April: -0.7% | May: -0.1% | May: -0.2% |
| Capacity Util. | April: 79.6 | May: 79.7 | May: 79.4 |
Falling oil prices sparked a rally for Treasuries. Munis took some strength from USTs, according to Jeremy Holtz of Income Research + Management.
There are a lot of "great technology solutions" out there, said Dan Silva, CEO and cofounder of Adaje.
Sven Hodges will focus on energy and advanced manufacturing projects.
The President is pumping the brakes on signing the first major housing bill in 30 years including a provision that lifts the public welfare cap, a move that could spur bond sales.
Amendment 5 would eliminate the state income tax, but critics are worried about the lost revenue.
The veteran banker joins Cabrera at a time when the bank has been rising in the lead manager rankings.
