REAL ESTATE NEWS
WEEK AHEAD
Dow struggles for direction as investors await Fed meeting
U.S. stocks struggled for direction Monday, moving between modest gains and losses as investors awaited the outcome of this week’s Federal Reserve meeting. Stocks were struggling for direction as investors looked toward a busy week of central-bank action. The S&P 500 dropped 1.2% on Friday after recent stronger-than-expected economic news alongside rising oil prices raised concerns that inflation may stay stubbornly above the Federal Reserve’s 2% target.

DATA DECK FOR Sep 18 - Sep 22
DATE REPORT IMPACT FORECAST PREVIOUS
Sep 18 NAHB Housing Market Index Low 50 50
Sep 18 TIC Long-Term Purchases Low 116.5B 195.9B
Sep 19 Building Permits Medium 1.45M 1.44M
Sep 19 Housing Starts Low 1.44M 1.45M
Sep 20 Crude Oil Inventories Low 4.0M
Sep 20 Federal Funds Rate High 5.50% 5.50%
Sep 21 Unemployment Claims High 222K 220K
Sep 21 Philly Fed Manufacturing Index Medium -0.4 12.0
Sep 21 Current Account Low -220B -219B
Sep 21 Existing Home Sales Medium 4.10M 4.07M
Sep 21 CB Leading Index m/m Low -0.4% -0.4%
Sep 21 Natural Gas Storage Low 57B
Sep 22 Flash Manufacturing PMI High 47.9 47.0
Sep 22 Flash Services PMI High 50.8 51.0
Delaware Statutory Trust - Net-Lease Properties
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Managed-Direct Ownership