by Calculated Risk on 7/04/2022 11:25:00 PM

Weekend:
• Schedule for Week of July 3, 2022

• House Price Declines: How Long for Real Prices to Recover?

• Housing Inventory July 4th Update: Inventory Almost Double from March Low

• Recession Measures and NBER

Tuesday:
• At 8:00 AM ET, Corelogic House Price index for May.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 24, and DOW futures are up 132 (fair value).

Oil prices were up over the last week with WTI futures at $110.66 per barrel and Brent at $113.50 per barrel. A year ago, WTI was at $73 and Brent was at $78 - so WTI oil prices are up 50% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $4.78 per gallon. A year ago, prices were at $3.11 per gallon, so gasoline prices are up $1.67 per gallon year-over-year.