Kevin Doyle/The Doyle Group at Loan Depot

06/08/2026

Monday Economic News
June 8, 2026

Jobs report surprises. Inflation news this week!

The stock market fell about 400 points but it is still at lofty levels. The big news last week was the employment report showing 172,000 new jobs created, well above the 85,000 predicted. Construction Spending, ISM Manufacturing and Factory Orders were all higher than expected. There will be no talk about lowering rates in this environment of high inflation and a strong economy.
The first report to be aware of this week looks at what you pay: how prices are changing on things like groceries, gas, rent and other everyday costs. If it shows prices still rising faster than expected, it means your paycheck may not stretch as far. The CPI for May 2026 is scheduled to be released on Wednesday. The second looks at what companies pay. If their costs rise, they often pass that along to you in the form of higher prices at the store, the pump, or on your monthly bills. The PPI for May 2026 is scheduled to be released on Thursday. The third asks people how they feel about their finances and the economy. When the mood is gloomy, people tend to cut back on travel, dining out and big purchases. Expect that to surface on Friday.

If owning your own home this year is in your plans, please call me!

“Educating the mind without educating the heart is no education at all.”
Aristotle

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06/01/2026

Monday Economic News
June 1, 2026

Monthly Employment News This Friday!

The stock market seems to be immune from the uncertainty and chaos of the news of the world. Interest rates fell a little last week in the hope that ships would be sailing through the Straits of Hormuz. An agreement was eminent, just a few language differences we were told. I think there was an old song, back to reality. It is Deja Vue all over again. Uncertainty always causes rates to rise and stocks to fall, but? Home Prices continue to rise. Consumer Confidence continues to fall. Inflation rose again but not as much as predicted or as much as last month. Durable Goods Report showed a big increase. Maybe manufacturing is doing ok.
This week on Friday will be what everyone is waiting to see. It is expected that we will not have as many new jobs but everything else is normal. The anticipated large drop in employment due to the slowing of the economy and whatever AI might do. The strength of manufacturing will be reflected in the release of ISM Manufacturing and Factory Orders. Both are expected to be up. Have a great week!

If owning your own home this year is in your plans, please call me!

“Don’t spoil what you have by desiring what you don’t have!”
Epicurius

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05/18/2026

Monday Economic News
May 18, 2025

The new Fed chair will have to deal with inflation!

It seems we are going into a difficult economic time. The news last week was not good. Inflation at the cost of goods level was up 0.6% for the month! That is 7.2% per year if it was to continue. When they removed food and energy for the core result it was still up 0.4%. The cost of goods at the wholesale level was even worse, up 1.4%! The only answer to that is to slow down demand and the release of the Retail Sales Report showed that. Last month Retail Sales were up 1.7% and this month they were only 0.5%. The stock market seemed to take it in stride as it fell less than 100 points.
This week leads into the Memorial Day Holiday. There are few reports released and none with a high impact. The housing sector will get a review with the release of the National Association of Home Builders Survey, Housing Starts and Building Permits. The minutes from the last Federal Open Market Committee Meeting will be released on Wednesday. On Friday the University of Michigan Consumer Sentiment will be released. It has been on a downward trend and I am sure the cost of gas and higher costs for many items will once again lower our sentiment. I hope you have a great holiday weekend!

If owning your own home this year is in your plans, please call me!

“May we never forget those who sacrificed everything for our country!”
John F Kennedy

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05/11/2026

Monday Economic News
May 11, 2025

Employment Report was good! Inflation News this week!

The employment news was better than expected. The ADP Report showed 109,000 new jobs and the Monthly Employment Report showed 109,000. The stock market went over 50,000 for a while but settled in for the week at 49,609. Up almost 300 for the week. Factory Orders were higher than expected. New Home Sales and Construction Spending were also higher than expected. All in all it seems the economy is rolling along in spite of the rising gas/oil prices.
This week the big news will be the release of inflation news with the Consumer and Producer Price Indexes. They are expected to show higher inflation than the Fed would like, suggesting the Fed will not be looking at lowering the rates. Some have suggested they may have to raise rates! The strength of housing will be reflected in the release of Existing Home Sales. It is expected to be good. The Empire state Index will give us news about manufacturing. It is predicted to be down.

If owning your own home this year is in your plans, please call me!

“Difficulties strengthen the mind as labor does the body!”
Seneca

612 701 4888 NMLS #247754 LOAN DEPOT NMLS # 174457 [email protected]

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05/04/2026

Monday Economic Newsletter

May 4, 2025

Fed surprises with talk about raising rates. Employment News Friday.

The entire world right now may be saying, ‘I just don’t know what is happening and what I should do’. With all this uncertainty it is a challenging time. With gas prices rising fears of higher inflation is causes Fed members to think about raising rates not lowering them. It seems demand to own you own home is rising and the value of homes rises with it. The Case-Shiller home price index was up 6.3%! The Fed favorite inflation indicator, Personal Consumption and Expenditures, was up 0.7% for the month. Not a welcome sight for the Fed.
This week the most impactful release of every month comes out on Friday. The Monthly Employment Report will measure Unemployment Rate, Hourly Earnings and Payrolls. The rate is expected to remain the same, even with Spirit Airlines and 14,000 employees are gone. Earnings are expected to be flat. The number of jobs will only be 73,000. It seems to me staying local gives me great peace. Surround yourself with family and friends and realize that we will all get through this. The pastor on Sunday reflected that life is like being on a boat in the ocean of life. Sometimes riding high on the crest and sometimes down in the trough.

If owning your own home this year is in your plans, please call me!

“If you have the courage to start you have the courage to succeed !”
Mel Robbins

612 701 4888 NMLS #247754 LOAN DEPOT NMLS # 174457 [email protected]

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05/01/2026

Another 1st of the month and the rent payment is due! Your landlord thanks you for paying off their mortgage and building equity for them! If you would like to look at building your own equity by buying a home, contact me. 612 701 4888 NMLS #247754 LOAN DEPOT NMLS # 174457 [email protected]

Call now to connect with business.

04/27/2026

Monday Economic News
April 27, 2025

Fed meets Tuesday and Wednesday! No rate change is planned.

The stock market lost a little ground last week as it took time to analyze the previous climb. The number of companies started the layoff talk which has many wondering about the strength of the economy. The Retail Sales increase was a surprise and supports the thought of a strong economy. The New Home Sale report also came is strong, indicating that people are now adjusted to the mortgage rates and want to own a home. The University of Michigan Consumer Sentiment Index also came in a little higher. Happy people spend money and that supports a strong economy.
This week the Fed meets. They make an interest rate decision and release a statement at 1 PM on Wednesday. No one is predicting any changes to the rate. There are 19 releases this week. It could be a very volatile week. Consumer Confidence, Richmond Fed Manufacturing Index, Consumer Confidence, Housing Starts and Permits, Personal Income and Spending, Durable Goods Orders and the Fed favorite inflation release, the Personal Consumption Expenditures. It will be busy.
This is the last meeting that Jerome Powell will be the chairman of the Fed. I added a few quotes from people that spoke about his tenure. Most people felt he did a good job. Thank you Mr. Powell.

If owning your own home this year is in your plans, please call me!

“You are one decision away from a completely different life!”
Mel Robbins

612 701 4888 NMLS #247754 LOAN DEPOT NMLS # 174457 [email protected]

Call now to connect with business.

04/20/2026

Monday Economic News
DOYLE’S DIGEST
612 701 4888 NMLS #247754 LOAN DEPOT NMLS # 174457 [email protected]

April 20, 2025

Economy seems to be improving but inflation is rising!

The stock market rose from a low of 45,074 to 49,447. I am sure they, whoever they are, know more than me but the rise in the stock market is a surprise. The Producer Price Index released last week increased 0.5%. If inflation is a problem the economy slows because people have to spend more money on fewer things. The Fed Speak from last week has been suggesting that the number of cuts to the Fed Fund Rate, which is overnight lending to the banks, will not be the 2 that were predicted and only be one. The Empire State and Philadelphia Fed manufacturing Index’s were much higher than expected.
This week the big news will be the release of Retail Sales on Tuesday. If we slow down our spending that will have a massive effect on the economy. The strength of the housing sector will be revealed in the release of the Pending Home Sales and New Home Sales. On Friday the release of the University of Michigan Consumer Sentiment Index will be released. The last release was a 47.6 record low. The drop in sentiment coincided with a sharp spike in inflation expectations.

If owning your own home this year is in your plans, please call me!

“Thinking is not action!”
Mel Robbins

612 701 4888 NMLS #247754 LOAN DEPOT NMLS # 174457 [email protected]

04/13/2026

Monday Economic News
April 13, 2025

Economy slowing, inflation rising and Consumer sentiment down!

The stock market has risen from a low of 45,074 to 47,916. Apparently people in the know, know more than me. We are still down from the high of 50,135. It would seem to me that a slowing economy, the Gross Domestic Product, fell last month, the stock market should not be rising. The Fed Minutes released last Wednesday showed that many of the governors are not sure where things are going economically. Many had thought that there would be 2 rate cuts this year but now only 1. They will be as the previous Fed Chair Greenspan used to say, ‘we will be data dependent’. Every week we will have new information and world events that will make the rates move up or down.
This week the second inflation report, the Producer Price Index, comes out on Tuesday. It is expected to show an increase in inflation. The release of the Existing Home Sales Report and the National Association of Builders Housing Market Index will let us know about the strength or weakness of the housing market. The New York Empire State Index and the Philadelphia Fed Manufacturing Survey will tell us about the strength of manufacturing.

If owning your own home this year is in your plans, please call me!

“We do not learn for school, but for life.!”
Seneca

612 701 4888 NMLS #247754 LOAN DEPOT NMLS # 174457 [email protected]

03/30/2026

Monday Economic News
March 23, 2025

We are talking, no we are not causes confusion!

Confusion is never good for investors and that seems to be very prevalent today. The Dow Jones fell another 500 last week and mortgage rates went up another 0.125%. Productivity fell as Unit Labor costs rose. The Richmond Fed Manufacturing Index fell indicating a slowing economy. The week ended with the University of Michigan Consumer Sentiment fell again. It seems not even making it to the final four could help it improve.
This week the Holiday shortened week will have the most impactful release of every month this Friday. The monthly Employment Report is expected to show higher unemployment but a positive number for the Nonfarm payrolls. Last month 92,000 jobs were lost.

If owning your own home this year is in your plans, please call me!

“We do not learn for school, but for life.!”
Seneca

612 701 4888 NMLS #247754 LOAN DEPOT NMLS # 174457 [email protected]