Morning Journal-More government shenanigans

Economics

This Week’s Data

April new home sales rose 11,000 versus expectations of a 7,000 increase.
http://www.ritholtz.com/blog/2012/05/housing-permits-starts-completions-2/

Weekly jobless claims came in flat as anticipated.
http://www.calculatedriskblog.com/2012/05/weekly-initial-unemployment-claims_24.html

April durable goods orders rose 0.2% versus estimates of up 0.5%; ex transportation, they fell 0.6% versus forecasts of an increase of 0.7%.

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via allamericaninvestor.blogspot.com