Th eJobs report finally came out to a measly 80K. Private Payrolls are up 84K and the unemployment rate unchanged. Dow Futures are down 60 points as we speak with … Continue reading
It is mostly Global moves from across the pond hurting this nation as euro data disappoints (The lowdown here) The MarkIt PMI hasn’t caught on the fancy of US Economists … Continue reading
The day before the BLS Jobs report, everything is looking black and blue for the US economy with the Dollar index at 83 and courtesy the Euro still climbing inordinately … Continue reading
The Deal Economy and US Economic commentary from week of April 22 : Facebook listing to help the NASDAQ 100
The week past had a lot of misplaced Housing “crisis” data and Jobless claims data so you possibly did not miss much as I forced myself on a holiday. As … Continue reading
Consumer Credit reports a rise of $8.7 bln, fall in revolver The good news that was expected to come from the Jobs report did not make it a very Happy … Continue reading
US Economy: The GDP number is a round 3% (Here’s what’s happening in the World Tonight, Ray B., San Diego)
Markets will of course be happy in an otherwise dull week that the GDP report has not thrown any negative surprises, and forget any planned surprises like yesterday’s Reuters report … Continue reading
US Economy: ICSC sales put on brakes, Case Schiller worst since 2006, Health back with a GOP agenda?
Though the Fed would have preferred being proved right ont he continuing recoevery its indicated fears are coming true though no Jobs number is due this Tuesday. The Weekly Goldman … Continue reading
US Economy: Worries about the “head fake” in housing data, production declines and then Bernanke speaks..
Markets shoot up knowing well enought hat the mixed housing and manufacturing data showing wweakness in consumption and housing is really not significant and that the recocery is on. The … Continue reading
Jobless claims fell 5,000 from a revised 353,000 for the week to 348,000 and the claims average took another hit in the belt with a drop to 355,000. A widely … Continue reading