by Calculated Risk on 5/22/2022 07:26:00 PM
Weekend:
o Schedule for Week of May 22, 2022
o Quarterly Starts by Purpose and Design: “Built for rent” Increasing
Monday:
o At 8:30 AM ET, Chicago Fed National Activity Index for April. This is a composite index of other data.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 33 and DOW futures are up 200 (fair value).
Oil prices were down over the last week with WTI futures at $110.28 per barrel and Brent at $112.55 per barrel. A year ago, WTI was at $66 and Brent was at $69 – so WTI oil prices are up about 70% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $4.58 per gallon. A year ago prices were at $3.02 per gallon, so gasoline prices are up $1.56 per gallon year-over-year.
