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…
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…
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…
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…
Excerpted from the March 15 edition of Notes From the Rabbit Hole, NFTRH 334: As the title suggests I want to talk more and chart a little less this week. …
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 dollar/weak Euro dynamic back in…
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. Some notables are highlighted. Meanwhile,…
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 January came in at 1.03,…
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 6.09 to 1.22. Here's the…
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 Economy and Stock Market Need…
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), like clockwork. Well, the clock…
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 the items that are notable.…
+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 unemployment rate declined to 5.6…