Weekly clues about US economic strength!

Written by Posted On Saturday, 24 May 2014 04:35

From the Hallmark Abstract Service, New York website.

 

title insurance New York,New York City,Long Island

US Economic Calendar for the Week of May 26, 2014

For anyone who’s concerned with the future direction of mortgage rates while at the same time trying to determine what the actual condition of the US economy is, the data scheduled to be released in the upcoming week will most certainly provide some anecdotal evidence and strong clues.

This data will be issued in conjunction with potential comments concerning Fed intentions, both real and imagined, that might come out of the mouths of members of the Federal Open Market Committee, several of whom are scheduled to speak publicly next week.

Given both of these sources of information, there will likely be significant action in both the bond and stock markets as a result.

Finally, add to this mix the elections in Ukraine taking place on May 25th along with the impact that the outcome may have on commodity prices and the foreign exchange markets, and the table has been set for an interesting week ahead!

Courtesy of Econoday this is the chart of the US economic data to be released during the week of May 26, 2014 along with scheduled speeches by members of the Federal Reserve.

Highlights for the Memorial Day-shortened holiday week include the Case-Shiller home price index to be released on Tuesday, Durable Goods Orders also on Tuesday, GDP on Thursday and Consumer Sentiment along with the Chicago PMI on Friday. 

The chart below also includes the upcoming treasury auction calendar!

Monday May 26
US Holiday: Memorial DayAll Markets Closed
 
Dennis Lockhart Speaks 8:10 PM ET
Redbook [Bullet8:55 AM ET
Weekly Bill Settlement
GDP [Report][Star]8:30 AM ET
Jobless Claims [Report][Star]8:30 AM ET
Sandra Pianalto Speaks 8:30 AM ET Loretta Mester Speaks 8:30 AM ET
Money Supply [Bullet4:30 PM ET
Esther George Speaks 9:30 PM ET
Chicago PMI [Report][djStar]9:45 AM ET
Loretta Mester Speaks 12:30 PM ET Jeffrey Lacker Speaks 2:00 PM ET
Farm Prices [Bullet3:00 PM ET
Charles Plosser Speaks 5:00 PM ET
  Equity Settlement 5-30-14 Equity Settlement 6-2-14 Equity Settlement 6-3-14 Equity Settlement 6-4-14
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Michael Haltman

Hallmark Abstract Service provides title insurance for both residential and commercial real estate transactions in New York State.

Hallmark Abstract President Michael Haltman is also extremely involved with the combat veterans 501(c)(3) Heroes To Heroes Foundation, serving as the Board Chair.

Hallmark Abstract Service

In 2008 we opened our doors focused on two primary goals:

Number one was to be a title insurance company that would provide clients with a superior finished product that completely protects their interests for what will likely be one of the largest transactions of their lifetime.

Number two was to insure that the experience of working with Hallmark Abstract Service was as easy and seamless as possible for all parties involved in the transaction!

From the number of satisfied clients who come back to Hallmark Abstract Service time after time for their title insurance needs, the evidence bears out that we have accomplished these two goals in the past and will maintain our client centric focus far into the future!

Michael Haltman

Post 1984 MBA in Finance from the State University of New York at Albany that concentrated on the tax-exempt market, Michael became a municipal bond analyst at Shearson/Lehman Brothers tasked with following general obligation issuers on the city and state level as well as housing bonds secured by mortgage pools.

This experience at Shearson/Lehman Brothers followed by stints at PaineWebber and Citigroup provided a broad framework and understanding of the real estate and mortgage markets.

As CEO of Exeter Commercial which underwrote and funded commercial mortgage loans as a correspondent lender, title insurance played a critical role in both the underwriting and closing process.

In 2008 recognizing both an opportunity and need, Hallmark Abstract Service was born.

www.hallmarkabstractllc.com

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