I don’t mind telling you that I tend to tune everybody out in favor of the market. That includes mainstream Wall Street types, perma-bulls, perma-bears,
Category: Economy
Payrolls +266k, the Details…
You can click this graphic for the detailed November Payrolls report from BLS. Here is where the heavy lifting came from. There is the usual
ISM Continues to Fade
Here is the full ISM Report on Business if you’d like to check it out. Here are the concerning items I’ve marked up… Here are
Philly Fed Bumps Up, With a Cost-Push Inflation Hint
It’s just one region, but the Philly Fed’s Manufacturing survey bumped up in its most recent reading. The thing I find most interesting is the
Semi Sector Leads, Laggards Lag
The graphic shows you that the media have now, months later, caught up to the story. As we have been noting all year, Semi leads
Jobs +136,000 as the Good Ship Lollipop Sails On
According to those seers who are paid to usually be wrong, NFP would show +145,000 jobs after a fairly weak 130,000 last month. The employment
ISM Breakdown
I guess the post’s title could be taken a couple of different ways. But let’s play it straight and break down the report from my
10yr Yields, CESI and the Run Up to FOMC
I could be wrong, but based on my recollection the wise guys were predicting even higher odds of a rate cut prior to this latest
A “Glimmer” for the Semiconductor Sector
Glimmer: noun; a faint sign of a feeling or quality, especially a desirable one The Semi sector as a whole remains in a growth contraction.
Looking Into the ISM Manufacturing Report
The PMI declined again in August and it was not just due to less important readings like Production or Deliveries. The key failures are highlighted.
Semi Bullish
On July 18th we had an NFTRH update (still pw protected) discussing the Semiconductor sector and secondarily, its implications for the gold sector. Those implications
The Good Ship Lollypop Will Continue Sailing on a Sea of Debt
On the good ship Lollipop Its a nice trip, In to bed you hop, And dream away, On the good ship Lollipop –Shirley Temple And
June Payrolls +224k; Uncle Buck Jumps…
Who is surprised that Payrolls rebounded last month? I am not because this is a notoriously volatile economic data point and one bad month (May)
Bear Case Trumped?
In hindsight we could have expected it. Set our watch by it. Putting aside the fact that the Mexico tariff threat never should have been