Dock Treece

Dock Treece Friday August 21, 2020


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Friday, stocks were up slightly yesterday. There wasn't much news as everyone was waiting for the exciting final night of the Democratic convention and Joe's acceptance speech. Or maybe they just wanted it to be over.
New claims for unemployment rose back above one million but existing claims dropped.
The Fed says there is no inflation but the price of natural gas is up 60% since June.
The housing market is on fire. Listing prices are up 10.1% housing inventory in down 36% and new listings are down 11%. Finding a home is a challenge unless you are looking in NY then the options are limitless.
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Dock TreeceBy 1370 WSPD (WSPD-AM)