August 20, 2019 Headlines

Treasuries are well bid so far today, but there weren’t any major headlines driving today’s market action. S&P 500 futures are slightly lower, and other major global equity indices are mixed on the day. With no economic releases today, market participants await tomorrow’s FOMC minutes and Thursday’s PMI data. The most anticipated event of the week will be Fed Chair Powell’s Jackson Hole speech on Thursday. 

Jason Haley
Managing Director, Investment Management Group

8/21/2019MBA Mortgage Applications21.70%
8/21/2019Existing Home Sales5.40m5.27m
8/21/2019Existing Home Sales MoM2.50%-1.70%
8/21/2019FOMC Meeting Minutes
8/22/2019Initial Jobless Claims216k220k
8/22/2019Continuing Claims1701k1726k
8/22/2019Bloomberg Consumer Comfort61.2
8/22/2019Bloomberg Economic Expectations55
8/22/2019Markit US Manufacturing PMI50.550.4
8/22/2019Markit US Services PMI52.853
8/22/2019Markit US Composite PMI52.6
8/22/2019Leading Index0.30%-0.30%
8/22/2019Kansas City Fed Manf. Activity2-1
8/23/2019New Home Sales645k646k
8/23/2019New Home Sales MoM-0.20%7.00%











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