Payrolls +223k
Click the graphic for the full BLS report...
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July 2, 2015
Multi-Industry Equipment Sales Decline
Beginning with our oft-watched Machine Tools sales graph, we find that May did not include any sort of post-harsh winter bounce in sales. Nor did the multi-industry reading do well. …
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July 1, 2015
Inside the Factory Orders Data
Courtesy of FloatingPath.com, below are some items within the disappointing April Factory Orders report. It is notable that April was the month that USD made its secondary 'lower high' top. …
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June 3, 2015
Switzerland: Not so ‘Wimpy’ Pictures
While much of the world sets a course to go bust for growth (R. Rajan's speech to the Econ. Club of NY, PDF) the Swiss changed course to start the…
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May 29, 2015
WhaM! Equipment Sales for April
We are working a 'Whack-a-Mole' (WhaM!) © (yes, it's another Biiwii buzzword) theme that could see a bounce in the US economic data due to currency dynamics and other factors. …
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May 26, 2015
ISM @ 51.5%
Well, April ISM came in flat to March at 51.5%. The notables are highlighted, including exports, which got a boost in light of the weaker USD. Funny how that works.…
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May 1, 2015
ISM to Bounce?
A few days ago we noted the small bounce in machine tools and other capital equipment orders for March. Yesterday the Chicago PMI came in firm. Today is Markit PMI…
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May 1, 2015
Small Bounce in Orders
Courtesy of EDA, here is the data graphic showing a small bounce in Machine Tool sales in March... As well as in equipment for multiple industries... It's not a big…
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April 28, 2015
USD & Earnings
From FactSet, here is a graphic compiling data from the initial earnings reports from S&P 500 companies so far for Q1. At 70%, the US dollar's strength is far and…
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April 13, 2015
China in Pictures
China, in a few pictures (courtesy of TradingEconomics.com): China GDP Annual Growth (through 2014)... China GDP Annual Growth trend projection... China Producer Prices... China Interest Rate... China Loan Growth.. China…
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April 10, 2015
March Payrolls Tank
Well folks, the Employment report is now playing ball (to our preferred plan of economic contraction and a 'Peak Fed' style topping out of mainstream confidence in historically unprecedented and…
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April 3, 2015
FactSet on Earnings
Here is the S&P 500's closing price, target price and analyst ratings from FactSet... Nothing new or unusual here. A bunch of constructive to bullish analysts and a very few…
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April 2, 2015
ISM: PMI @ 51.5%
The long, slow deceleration in US manufacturing growth continues apace. I have highlighted some of the notables, including a pop in 'Prices', despite the downward pull in energy costs. There…
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April 1, 2015
GDP Lame, Corporate Profits Decline & Bad Chicken
From the Commerce Department, GDP @ 2.2% and Corporate Profits declined in Q4, breaking a long trend up. That is a major concern. Here is a blurb from DoC (click…
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March 27, 2015