Weekend:
• Schedule for Week of September 12, 2021
• The Rapid Increase in Rents
Monday:
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 9 and DOW futures are up 70 (fair value).
Oil prices were up over the last week with WTI futures at $69.75 per barrel and Brent at $72.94 per barrel. A year ago, WTI was at $37, and Brent was at $39 - so WTI oil prices are UP 90% year-over-year (oil prices collapsed at the beginning of the pandemic).
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.16 per gallon. A year ago prices were at $2.16 per gallon, so gasoline prices are up $1.00 per gallon year-over-year.
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