Housing Mortgages Information

The Day Ahead: Jobless Claims, 2Q GDP Revision, $28bn Treasury Auction

August 27, 2009 – 4:21 am Markets spent most of the day in a slumber yesterday, but just before the closing bell a small rally lifted equity indexes to just above par. This morning, investors are holding the market flat, as GDP revisions are expected to show a downward revision in the second quarter, and jobless claims are expected to remain above the 550k level. Performance in the equities market has been tepid this week, in contrast to economic data that Deutsche Bank analysts call “notably upbeat.”...(read more)