Good morning, Delaware County. Historic flooding is battering Indiana this week, with rescue crews racing against rising water and a climbing death toll โ a sobering reminder of how fast things can turn. Closer to your wallet, July retail sales slipped 0.6%, and both Home Depot and Target are stepping into the earnings spotlight this week to tell us whether American shoppers are still swiping freely or finally showing some restraint. Bond yields are staying stubbornly elevated too, keeping borrowing costs in that uncomfortable zone traders have been staring at all summer.
On a lighter note, New York's factory data kicks off a packed week of economic reads โ think of it as the Monday morning roll call for the U.S. economy. And when the headlines feel heavy, Delaware County's fresh real estate listings are a perfectly pleasant escape.
This charming Ostrander fixer-upper sits on nearly an acre with a spacious detached garage โ perfect for the creative renovator or savvy investor ready to bring new life to a classic 1900s home!
4 bed ยท 4 bath ยท 4,774 sqft on 6+ acres w/ pool & pole barn
Tucked down a private drive just steps from Blues Creek Preservation Park, this stunning 6-acre country retreat offers the perfect blend of outdoor entertaining and cozy indoor living for the whole crew!
Nestled on nearly 2 acres in charming Ostrander, this 3-bed, 3-bath two-story home blends cozy indoor living โ think fireplace, sunroom, and breakfast nook โ with wide-open outdoor space! ๐ก
๐ What Else Is Brewing
Indiana flooding worsens as historic floods keep the death toll climbing and rescue crews race to save stranded residents.
U.S. Treasury yields edge lower while staying elevated, leaving bond traders squinting at stubbornly high borrowing costs.
Empire State Index kicks off a busy week of U.S. data, with factory activity in New York set to offer an early read on momentum.
U.S. retail sales cool off after July spending slipped 0.6%, raising fresh questions about whether shoppers are finally tapping the brakes.
Home Depot heads into earnings season as retailers brace for another test of consumer demand, and maybe a little drama in the aisles.
Target looms on the weekโs retail docket as investors watch whether shoppers kept splurging or finally chose the budget aisle.
๐ Daily Bread Crumb
"And we know that in all things God works for the good of those who love him, who have been called according to his purpose."
โ Romans 8:28
This verse reminds us that even in difficult times, God is working behind the scenes to bring about good in our lives. By trusting in His love and sovereignty, we can find peace and confidence in the midst of uncertainty.
๐ฃ Refer 5 people and get a cookie... no really!
Share Local Brew with 5 friends and earn a free MadBatter Cookie. Big cookies, mad flavors, made in Ohio. ๐ช