It is getting downright giddy in Euro Land these days, just as NFTRH anticipated when we began writing about the effects of the strong US
ISM has eased again and looking at the comments from individual respondents, it sure looks like the West Coast port shutdown is having an impact.
Just one small segment of conventional analysis NFTRH 331 found itself doing… Semiconductor Sector Folks, it is b2b (book-to-bill) time again and the reading for
The Empire State Manufacturing Survey eased from January (10 to 7.8). Never mind shipments, prices, etc. What matters is new orders and they fell from
As posted at Biiwii.com… This segment is excerpted from this week’s Notes From the Rabbit Hole, NFTRH 329, and was originally titled… Does the US
Full report at BLS website.
I have been awaiting the December Machine Tool sales data from EDA, assuming we’d get another year-end ramp up (especially with IMTS this past September),
Respondents’ comments are more positive than the actual data. The west coast port shutdown seems to be a wild card effect here. I have highlighted
+252,000 vs. 230,000 expected and unemployment drops to 5.6%. From BLS (full report here): Total nonfarm payroll employment rose by 252,000 in December, and the
I have highlighted the more relevant items with green being positive and red not so much. Not a bad report, but there is slight deceleration
It is not that big a big deal since December is the month when the rubber usually meets the road for last minute tax season
NFTRH 322 covered the usual range of markets, from US to global stocks to precious metals and commodities to currencies and indicators. It also included
And I don’t mean in stocks, although a possible ramp job (ref. Semi and Bio momentum) has been part of the plan there as well.
I did not make the point clear in the previous post but as NFTRH subscribers may recall, it is the Semi Equipment companies (they that