2017 Economic Calendar
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Market Reflections  

Highlights
May 15, 2017
Housing is emerging as the economy's best surprise this year with today's housing market index, which tracks the nation's home builders, showing exceptional strength including strength in traffic where first-time buyers, until lately, had been scarce. Empire State data show a welcome slowing in the New York region's manufacturing sector after unsustainable strength in prior reports. The Dow rose 0.4 percent to 20,981 while oil, boosted by supply-cut talk from Saudi Arabia and Russia, also showed life, up nearly $1 and testing $49.


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