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 supply the chip makers with…
Excerpted from the November 23 edition of Notes From the Rabbit Hole, NFTRH 318: Semiconductor Equipment Book-to-Bill Ratio Moderating Since we were the only ones (so far as I could…
Upon rummaging through the St. Louis Fed’s excellent database, some global employment data items for review…
US manufacturing hourly earnings are in an uninterrupted up trend. To think, all through this uptrend detached, abstracted Wall Street suits and associated media, who’ve never set foot on a shop floor sold a story that we don’t make anything in this country anymore (invest in financials and play the stock market instead!).
This has actually been the result of automation. Fewer employees are more skilled in technology. I don’t say ‘more skilled’, because being a real machinist for example, is a lost and under appreciated skill.
Canada’s general employment picture is good too.
Well our primary theme (believe it or not, including for an eventual positive stance on the gold sector) has been a firming of the US dollar and then for an…
One indicator at least says move along folks, nothing to see here. Palladium vs. gold, which was used as a gauge of coming economic strength in early 2013 had recently…