Monday Market Commentary

by Alex Stenback on June 20, 2005

Last Week
Mostly a mixed bag of economic data last week: Low inflation, weak retail sales, with housing starts and initial employment claims coming in about where most analysts expected.  Net result was a ‘goldilocks’ week – nothing too hot, nothing too cold – and rates hardly budged.
This Week
New home sales, leading economic indicators and durable goods orders highlight this weeks releases – weakness in any of these numbers could put some downward pressure on rates.
· This Week’s Economic Calendar [briefing.com]
· Latest Twin Cities Real Estate Market Report [MAAR]

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