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Anonymous ID: 9f0128 June 19, 2021, 3:07 p.m. No.64523   🗄️.is 🔗kun   >>4525 >>4547 >>4556 >>4576 >>4583

Economic Schedule for week of June 20, 2021

 

The key reports this week are the third estimate of Q1 GDP, May New and Existing Home Sales, and Personal Income and Outlays for May. For manufacturing, the June Richmond and Kansas City Fed manufacturing surveys will be released.

 

  • Monday, June 21st -

8:30 AM ET: Chicago Fed National Activity Index for May. This is a composite index of other data.

  • Tuesday, June 22nd -

10:00 AM: Existing Home Sales for May from the National Association of Realtors (NAR). The consensus is for 5.72 million SAAR, down from 5.85 million. Housing economist Tom Lawler expects the NAR to report sales of 5.78 million SAAR for May.

10:00 AM: Richmond Fed Survey of Manufacturing Activity for June.

2:00 PM: Testimony, Fed Chair Jerome Powell, The Federal Reserve's Response to the Coronavirus Pandemic, Before the Select Subcommittee on Coronavirus Crisis, U.S. House of Representatives

  • Wednesday, June 23rd -

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

10:00 AM: New Home Sales for May from the Census Bureau.

The consensus is for 880 thousand SAAR, up from 863 thousand in April. During the day: The AIA's Architecture Billings Index for May (a leading indicator for commercial real estate).

  • Thursday, June 24th -

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for a decrease to 390 thousand from 412 thousand last week.

8:30 AM: Durable Goods Orders for May from the Census Bureau. The consensus is for a 3.0% increase in durable goods orders.

8:30 AM: Gross Domestic Product, 1st quarter 2020 (Third estimate). The consensus is that real GDP increased 6.4% annualized in Q1, unchanged from the second estimate of a 6.4% increase.

11:00 AM: the Kansas City Fed manufacturing survey for June. This is the last of regional manufacturing surveys for June.

4:30 PM: Federal Reserve releases 2021 bank stress tests results

banks stocks down all last week..priming for this release where they will all be 'cleared' by a sham test (always been). They need to account for moar of the shit they hold (changes made that came into effect on April1) so some of these 'banks' may habs a surprise or two. They also no longer get a "pass or fail" grade and are told how much moar capital they need instead of just failing.

  • Friday, June 25th -

8:30 AM ET: Personal Income and Outlays, May 2020. The consensus is for a 2.5 decrease in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.6% (3.4% YoY).

10:00 AM: University of Michigan's Consumer sentiment index (Final for June). The consensus is for a reading of 86.8.

https://www.calculatedriskblog.com/2021/06/schedule-for-week-of-june-20-2021.html

Anonymous ID: 9f0128 June 19, 2021, 4:56 p.m. No.64535   🗄️.is 🔗kun   >>4536

Royal Netherlands AF MMF38 Airbus A330 departed McCarran Int'l LV after an overnight

SAM637 USAF G5 east from Peterson AFB also after an overnight

Both avoiding weather over east Colorado/western Nebraska

Anonymous ID: 9f0128 June 19, 2021, 5:27 p.m. No.64547   🗄️.is 🔗kun   >>4550 >>4556 >>4583

>>64523

This will get feex't on Thursday

>4:30 PM: Federal Reserve releases 2021 bank stress tests results

 

banks stocks down all last week..priming for this release where they will all be 'cleared' by a sham test (always been). They need to account for moar of the shit they hold (changes made that came into effect on April1) so some of these 'banks' may habs a surprise or two. They also no longer get a "pass or fail" grade and are told how much moar capital they need instead of just failing.

 

Bank Stocks Lurch Into Ranks of June’s Worst as Rally Unravels

 

U.S. bank stocks are morphing from leaders into losers amid more signs that their searing 35% rally through this year’s first five months may have outrun the fundamentals.

 

With two weeks left in the quarter, some investors aren’t waiting around to find out. The S&P 500 Banks Index, which rose three times more than the broad market through May, slid 8.1% this past week and more than 10% so far this month. This left indexes of the largest U.S. diversified lenders and regional banks ranking among June’s worst performers, with Citigroup Inc.’s drop of 14% leading its money-center peers and Regions Financial Corp. slumping 17%. The selloff coincides with the plateauing of earnings estimates and a rotation into growth stocks from value. It didn’t help that leaders of the biggest banks started the week by warning about a slump in trading revenue. Without stronger lending and a boost from higher interest rates, earnings probably won’t pick up.

 

JPMorgan Chase & Co., the largest U.S. bank, set the tone on Monday when Chief Executive Officer Jamie Dimon warned that net interest income will be lower than previously anticipated, and that second-quarter trading revenue would be 38% below where it was a year ago. A similar message from Citigroup Chief Financial Officer Mark Mason sent the lender spiraling by as much as 5% on Wednesday.

 

Trading is more important to the big money-center institutions that run investment banks, but sluggish loan growth has also been a drag, and that’s central to the fortunes of regional banks. Profits have been helped by releasing reserves that had been set aside to cover loan losses that never materialized, thanks to massive federal stimulus programs that kept defaults at bay, but those releases are one-shot gains.

https://www.bnnbloomberg.ca/bank-stocks-lurch-into-ranks-of-june-s-worst-as-rally-unravels-1.1619011

Anonymous ID: 9f0128 June 19, 2021, 5:52 p.m. No.64556   🗄️.is 🔗kun   >>4559 >>4569

#326

>>64550 anon TROOF Bomb "where are the MF'ing Biden supporters nao?"-soc. media

>>64548 Election Worker Ralph Jones Is Now Caught Double-Counting Ballots at the State Farm Center on Election Night-gatewaypundit

>>64544 Pennsylvania poised to begin Arizona-style election audit with subpoena power-washexam

>>64542, >>64546 PMBreakingNews-" At least 2 people hit by a truck at the Stonewall Pride Parade in Wilton Manors, Florida. The truck narrowly missed U.S. Rep. Debbie Wasserman Schultz.."-twatter

>>64540, >>64541 Lawfare Activists Apoplectic Because The Arizona Senate Will Not Provide Advanced Details of Internal Audit Documents'-TheLastRefuge-twatter

>>64537, >>64538The HighWire: "Some of Rock's greatest legends are publicly rejecting lockdowns and experimental vaccines..."-twatter

>>64536, >>64539 pf report(s)

>>64534 Royal Caribbean delays cruise ship after 8 crew members test positive for Covid- twatter + nbcnews

>>64532 Scavino twat: "OHIO — 7 DAYS!!! #MAGA"

>>64530 The Professor's Record: "Jake Angeli, and many other patriots, still rot in a cell for peaceful assembly, in protest of a stolen election..."-soc. media tel

>>64526 AZ Audit Reviewing Thousands of Ballots Where Machines Did Not Detect Vote for President, Audit Liaison Says-westernjournal

>>64524 Merging of Timelines

>>64523, >>64547 Economic Schedule for week of June 20, 2021 an the bank equity set-up-mebby

>>64519, >>64520, >>64521 We the People

>>64508 Rep. Thomas Massie slams Fauci and CDC for COVID-19 'coverup'

>>64507 Moar Juneteenth

>>64506 Tropical Storm Claudette crashes into Gulf Coast

>>64497, >>64500 Operation Ajax – 1953 Iranian coup d’état

>>64496 Pfizer & Moderna Fail To Respond To British Medical Journal About COVID Vaccine Safety

>>64495 Food for thought

>>64494 Scavino comms

>>64493 @USNavy The #USSGeraldRFord (CVN 78), a first-in-class aircraft carrier designed using advanced modeling, testing, and analysis, successfully completed the first scheduled explosive event

Anonymous ID: 9f0128 June 19, 2021, 7:12 p.m. No.64557   🗄️.is 🔗kun

>>64536

SAM637 USAF G5 en heading across the pond from Peterson AFB depart

Royal Netherlands AF MMF38 Airbus A330 on final at Dulles Int'l, DC from LV depart.

Anonymous ID: 9f0128 June 19, 2021, 7:53 p.m. No.64563   🗄️.is 🔗kun   >>4576

All Olympic live viewing events in Tokyo to be canceled: Gov. Koike

 

Tokyo Governor Yuriko Koike said Saturday that all live public viewing events during this summer's Olympics and Paralympics in the Japanese capital will be canceled, due to the coronavirus pandemic.

 

After holding talks with Prime Minister Yoshihide Suga, the governor told reporters that some of the six venues planned to be used for the screenings will instead be used for COVID-19 vaccinations. The announcement was made with just about one month to go until the opening of the Tokyo Olympics, with public concern about a potential spike in coronavirus cases driven by more contagious new variants remaining strong.

 

The venues included Yoyogi, Inokashira and Hibiya parks in the capital, which on Saturday reported 388 new COVID-19 infections. The meeting between Suga and Koike, the first since May 21, came ahead of an online meeting Monday by organizers of the Olympics and Paralympics at which they will decide on a limit on spectators at the games. After deciding to end a COVID-19 state of emergency in Tokyo and other parts of Japan on Thursday, Suga, speaking at a press conference, expressed his willingness to stage the games with some spectators. The Japanese government has said it will allow up to 10,000 people at large events in Japan, as long as they do not exceed 50 percent of venue capacity, in areas that are not under a state of emergency or a quasi-state of emergency.

 

Japanese government and Olympic officials are considering applying the policy also to the Olympics, due to begin July 23, and the Paralympics.

https://asia.nikkei.com/Spotlight/Tokyo-2020-Olympics/All-Olympic-live-viewing-events-in-Tokyo-to-be-canceled-Gov.-Koike