Site Search

Looking for something? Use the search bar below or visit our Resources page.


Author Kirby Hart

Published

Estimated

Treasuries are little changed at the open after yesterday’s rate reversal.

The market seems to believe the underlying inflation concerns and government spending. The US Treasury’s increase in its buyback program offered only a day of relief. Now investors will turn to next Friday, when Fed Governor Warsh speaks at Jackson Hole. Warsh’s speech will come after the PCE release next Wednesday.

S&P 500 futures rose 0.6% before the open following positive momentum in Bitcoin and chipmakers. Though the equity markets are still on track for the first weekly loss in a month, concerns about rising bond yields and the tech sector weigh on them.

Kirby Hart
Director

DateEventSurveyActualPriorRevised
8/21/2026ECONOMIC SURVEY: US GDP, PCE Forecasts in Aug. 2026 (Table)    
8/21/2026S&P Global US Manufacturing PMI53.9     —53.9     —
8/21/2026S&P Global US Services PMI54     —54.6     —
8/21/2026S&P Global US Composite PMI54     —54.5     —
8/24/2026Chicago Fed Nat Activity Index     —     —-0.02     —
8/25/2026ADP Weekly Employment Change     —     —9.500k     —
8/25/2026Philadelphia Fed Non-Manufacturing Activity     —     —7.4     —
8/25/2026FHFA House Price Index MoM0.20%     —0.30%     —
8/25/2026FHFA House Price Index QoQ     —     —0.50%     —
8/25/2026S&P Cotality CS 20-City MoM SA0.10%     —0.15%     —
8/25/2026S&P Cotality CS 20-City YoY NSA1.70%     —1.63%     —
8/25/2026S&P Cotality CS US HPI YoY NSA     —     —1.11%     —
8/25/2026Richmond Fed Manufact. Index7     —5     —
8/25/2026New Home Sales620k     —628k     —
8/25/2026Richmond Fed Business Conditions     —     —-5     —
8/25/2026New Home Sales MoM-1.30%     —1.60%     —
8/25/2026Conf. Board Consumer Confidence90.2     —90.8     —
8/25/2026Conf. Board Present Situation115     —114.9     —
8/25/2026Conf. Board Expectations74.9     —74.7     —
8/25/2026Building Permits     —     —1443k     —
8/25/2026Building Permits MoM     —     —5.00%     —
8/26/2026MBA Mortgage Applications     —     —-0.40%     —
8/26/2026Personal Income0.20%     —0.20%     —
8/26/2026Personal Spending0.10%     —0.30%     —
8/26/2026Real Personal Spending0.00%     —0.40%     —
8/26/2026PCE Price Index MoM0.10%     —-0.10%     —
8/26/2026PCE Price Index YoY3.60%     —3.70%     —
8/26/2026Core PCE Price Index MoM0.20%     —0.10%     —
8/26/2026Core PCE Price Index YoY3.30%     —3.30%     —
8/26/2026Durable Goods Orders0.50%     —0.50%     —
8/26/2026Durables Ex Transportation0.50%     —0.70%     —
8/26/2026GDP Annualized QoQ1.50%     —1.50%     —
8/26/2026Cap Goods Orders Nondef Ex Air1.00%     —1.20%     —
8/26/2026Personal Consumption3.20%     —3.20%     —
8/26/2026Cap Goods Ship Nondef Ex Air     —     —2.00%     —
8/26/2026GDP Price Index6.20%     —6.20%     —
8/26/2026Core PCE Price Index QoQ3.40%     —3.40%     —
8/27/2026Advance Goods Trade Balance-$99.5b     —-$101.5b-$101.4b
8/27/2026Advance Goods Imports MoM SA     —     —-2.60%-2.40%
8/27/2026Retail Inventories MoM     —     —0.00%-0.20%
8/27/2026Advance Goods Exports MoM SA     —     —-1.80%     —
8/27/2026Wholesale Inventories MoM     —     —0.20%     —
8/27/2026Initial Jobless Claims208k     —206k     —
8/27/2026Initial Claims 4-Wk Moving Avg     —     —204.00k     —
8/27/2026Continuing Claims     —     —1799k     —
8/27/2026Kansas City Fed Manf. Activity     —     —9     —
8/28/2026MNI Chicago PMI59     —57.6     —
8/28/2026Prelim. Benchmark Payrolls Revision     —     —-911k     —
8/28/2026U. of Mich. Sentiment51     —51     —
8/28/2026U. of Mich. Current Conditions     —     —51.8     —
8/28/2026U. of Mich. Expectations     —     —50.6     —
8/28/2026U. of Mich. 1 Yr Inflation     —     —4.30%     —
8/28/2026U. of Mich. 5-10 Yr Inflation     —     —3.30%     —
8/28/2026Kansas City Fed Services Activity     —     —14     —

Kirby Hart

Director, Investment Management Group

LinkedIn

  Headline Disclaimer

ALM First offers investment advisory services through ALM First Financial Advisors, LLC, which is registered with the U.S. Securities and Exchange Commission (“SEC”). SEC registration does not constitute an endorsement of the firm by the SEC nor does it indicate that the firm has attained a particular level of skill or ability. The information contained herein does not constitute investment advice or a recommendation for you to purchase or sell any specific security. You are solely responsible for reviewing the content and for any actions you take or choose not to take based on your review of such content.

Information contained herein was derived from third party sources as indicated. While such information is believed to be reliable, no representation or warranty is made concerning the accuracy of any information presented. We have not and will not independently verify this information. Where such sources include opinions and projections, such opinions and projections should be ascribed only to the applicable third party source and not to ALM First.

Statements herein that reflect projections or expectations of future financial or economic performance are forward-looking statements. Such “forward-looking” statements are based on various assumptions, which assumptions may not prove to be correct. Accordingly, there can be no assurance that such assumptions and statements will accurately predict future events or actual performance. No representation or warranty can be given that the estimates, opinions or assumptions made herein will prove to be accurate. Any projections and forward-looking statements included herein should be considered speculative and are qualified in their entirety by the information and risks disclosed in the confidential offering document. Actual results for any period may or may not approximate such forward-looking statements. No representations or warranties whatsoever are made by ALM First Financial Advisors, LLC or any other person or entity as to the future profitability of investments recommended by ALM First Financial Advisors, LLC.



Recent Beyond The Headlines


  Headlines RSS
Strategic Partners

Let’s Work Together

ALM First is your agile partner with a trusted history of delivering results.