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CNN CNN This Morning June 4, 2024 13:45:00 - Vimarsana News

CNN CNN This Morning June 4, 2024 13:45:00

Slowdown. where is it? that's the debate. >> do we have the right sort of metrics to measure the economy coming out of covid? are we using old analytics to -- for something that is different? >> you are right about that. the fed is taking a lot of criticism specifically around housing. the housing data is 18-month-old as it goes into the cpi numbers. when you talk about inflation and keep fighting inflation with more hikes, it's because you are not taking into account that housing prices are flattening and some markets rolling over. a lot of people are criticizing the old way of measuring infl...

Pending Home Sales Reverse Six-Month Slide, Increase in December - Vimarsana News

Pending Home Sales Reverse Six-Month Slide, Increase in December

Read about how the National Association of Realtors’ Pending Home Sales Index increased 2.5% on a month-over-month basis to a reading of 76.9 in December.

CNN Early Start With Christine Romans June 4, 2024 10:47:00 - Vimarsana News

CNN Early Start With Christine Romans June 4, 2024 10:47:00

Weakest year since 2014. high prices and mortgage rates kept buyers out of the market but economists expect sales will ramp up again as mortgage rates fall. looking at markets around the world, european markets have opened higher, they're up. asian markets are closed for the lunar new year holiday. on wall street, stock index futures are barely mixed here. the dow and the s&p look to try to bounce back after the first weekly declines of the new year. tech heavy nasdaq finished higher notching the third consecutive week of gains. bloomberg this morning is reporting spotify could be the next b...

CNN Early Start With Christine Romans June 4, 2024 10:44:00 - Vimarsana News

CNN Early Start With Christine Romans June 4, 2024 10:44:00

Lower. they're going to reopen this week following the mlk holiday. big bank earnings out. goldman sachs, morgan stanley. on inflation walk, gas prices rose one penny at $3.33 a gallon. a busy economic week ahead. critical report on retail sales, housing data and consumer pricing will be released this week. the series of storms pounding california follows three years of megadrought. many farms will only see limited benefits from all of this rain. many will suffer crop losses because the soil cannot absorb heavy, non-stop rainfall. i want to bring in daniel munch. too much water in a state re...

CNN Early Start With Christine Romans June 4, 2024 10:50:00 - Vimarsana News

CNN Early Start With Christine Romans June 4, 2024 10:50:00

Prevent a fifth straight day of losses. the dow and the s&p and nasdaq mostly flat yesterday. home building pull back as they face spiking rates. november housing starts down more than 15% up from a year ago. housing data. on inflation watch, gas prices fell a penny overnight now at $3.11 a gallon. data on consumer confidence out today. back to your christmas dinner, it will cost 16% more this year. let's bring in nathanial meyerson. what's more expensive? >> just about everything. ham is up 7.8% from a year ago according to the bureau of labor statistics. turkey is up 18%. vegetables up 10%...