A short wrap up to the employment situation from NFTRH 385... Hourly wages eased and this, along with the quality (or lack thereof) of jobs created has given the bears…
Ref. BLS Employment Situation (+242,000, unemployment @ 4.9%) for February. The theme remains unchanged as the relatively strong dollar continued to pressure people who make things and mine things and…
I actually saw some cheering of the 'not quite as bad as expected' ISM report yesterday. It bounced all the way up to a contraction level of 49.5. Full ISM…
The Federal Reserve states that its goal is to promote employment and economic growth while regulating inflation. As if it is as simple as pulling levers, tweaking a few knobs…
Using the Macrocosm theme again (I can't get enough of this gimmick) let's update some key gold ratios in poker terms. Gold is currently working on a 'full house', with…
Actually, respondents are not that dour. I would expect Medical Devices to be relatively strong; they always were at economic weak patches when I was in the business. "Huge roll…
We had been reserving the SEMI data for private posts when we were scouting for changes to the previous trend, but since we noted the trend change in real time…
It is important to distinguish the 'back end' from the 'front end' of the economy or else all you end up with hype emanating from the financial sphere every time…
Another quick snapshot of the US market. It was a perfect hit of the channel bottoms and support levels. While I remain intermediate-term bearish the markets that stance only firms…
We are not breaking any news here as we did in July with the shocking (well, if you're a geek like me) news about Mori Seiki's machine tool blow out;…
I see analysis out there discussing the Semiconductor sector as a whole as being under valued relative to other stock market sectors. This seems to be based on the fact…
First of all I want to wish you a happy new year. I for one am looking forward. Speaking personally, the market has been pretty difficult to deal with. I…
It is no secret that US credit markets have been increasingly stressed lately. Junk bonds are tanking and junk's ratios to the relative quality of Investment Grade and Treasury have…
Here is the latest 'units sold' data for the Machine Tool industry. New equipment sales continue to decline and used equipment kicked up a bit. We are once again at…