+151,000... it's not a very good number and so the theme introduced yesterday, of wobbling manufacturing and a potentially wobbling economy, continues. Here is a breakdown, with the usual suspects…
The weak ISM headline number (PMI) was an excuse for bonds and precious metals to bounce and the US dollar to drop today. It evidently inspired wild eyed casino patrons…
While some might want us to focus solely on the big layoff at Cisco, why don't we stay with what is actually happening. What is actually happening is that there…
[edit] See further thoughts on inflation and the content of this article. The post title is best when drawled in Gomer's thick southern accent. I realize Gomer Pyle was way…
Our thesis has been that Brexit may have put the final (!) on deflation and the bear phase that had been in effect since late 2014. That view was held…
For those who don't watch this stuff as obsessively as I do, here's the June Semi.org b2b data. Oh no, b2b dropped and so did bookings! As an economic indicator…
From BLS: Employment Situation Summary "Total nonfarm payroll employment increased by 287,000 in June, and the unemployment rate rose to 4.9 percent, the U.S. Bureau of Labor Statistics reported today.…
The ISM RoB continues on our theme of inflationary growth, as first indicated in the Semiconductor Equipment sector while everyone was freaking out about the backward looking employment situation. Full…
[edit] Yikes... a blogger's worst nightmare. I had 'Dallas Fed' on the brain due to publishing a post by former Dallas Fed associate Danielle DiMartino Booth at Biiwii and mistakenly…
Factory orders came in okay, joining a pretty good ISM (manufacturing) the other day while ISM (services) eased in May. Could we be seeing a phase change, where old fashioned…
Well, talk about crosscurrents. Job growth really took a hit. The services stuff is still creating the jobs but the whole lagging mess dropped off in May (with unemployment actually…
A fairly level ISM RoB for May. I've highlighted a couple notables. New orders are healthy and price creep is in effect, which would dovetail with our would-be Semiconductor related…
Following is the opening segment from the May 29 edition of Notes From the Rabbit Hole, NFTRH 397: If we are going to highlight improving fundamentals, which we did as…