Case-Shiller : Seasonally adjusted, San Francisco has fallen 10.3% from the recent peak, Seattle is down 10.2% from the peak, Las Vegas is down 8.3%, and Phoenix is down 8.0%.
Case-Shiller : June’s three best-performing cities were Chicago (+4.2%), Cleveland (+4.1%), and New York (+3.4%) – the same three that had topped our May leader board.
Calculated Risk : the Case-Shiller National Index was unchanged year-over-year in the June report - and will likely be up year-over-year in the July report to new all-time highs.
・リビア外相、イスラエルとの秘密会談漏洩、批判噴出でトルコに亡命。
https://www.arabnews.com/node/2362946/middle-east
・中国Sinopec、サウジのシェールガス開発に参入希望を表明。
https://www.arabnews.com/node/2363101/business-economy
・トルコ公定歩合：17.5％から25％に引き上げ。オーソドックス手法に回帰。
https://jordantimes.com/news/business/turkey-surprises-huge-interest-rate-hike
Econbrowser : Holding constant the estimated defense spending levels, growth in GDP ex-military spending is probably negative, even with the FinMin’s higher GDP growth estimate.
Econbrowser : The high and rising value of the heavy truck sales index suggests to me a recession had not occurred as of June 2023. But no guarantees on 2023H2.
