NFTRH 725

Admin Notes Changes were made to nftrh.com last week and while I trust that most people rolled with the changes, there are a couple of changes that some may find…

Comments Off on NFTRH 725

NFTRH 723, out now

Back to regular PDF format this week. NFTRH 723, out now. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth…

Comments Off on NFTRH 723, out now

August Payrolls +315,000

Payrolls still frisky but no big surprise Not too hot, not too cold. The Good Ship Lollipop sails on with its jobs machine still cranking. You can click the graphic…

4 Comments

July Payrolls +528,000

BLS reports job gains of 528,000 in July Click headline, get full BLS report. This ought to keep Hazel good and busy as Americans lap up Professional & Business services,…

Comments Off on July Payrolls +528,000

ISM & Payrolls

May ISM and Payrolls both positive Today the backward looking Payrolls report gets the headlines but this week saw another important economic report. One that probably contains more important information.…

Comments Off on ISM & Payrolls

Payrolls +428,000

April Payrolls increase by 428,000 You can get all the details of yet another strong BLS report by clicking the blurb: Drilling into it we find Leisure and Hospitality leading…

Comments Off on Payrolls +428,000

Gold/Copper ratio

Gold (not cyclical, less inflation-sensitive) vs. Copper (the metallic economic doctor) Because it can be tiring looking at the Copper/Gold ratio every week, let's flip it over to the counter-cyclical…

Comments Off on Gold/Copper ratio

NFTRH 700, out now

700... hmm... For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic…

Comments Off on NFTRH 700, out now

Surprise!

The Citi Economic Surprise Index led the correction; now what? As we noted for all too many months in a row in NFTRH, the CESI had been on a gross…

Comments Off on Surprise!

The Capital Sponge

The Capital Sponge Thank you to a subscriber for sending this along. The Capital Sponge by Lyn Alden I used to write about stuff like this in the 2004-2008 time…

Comments Off on The Capital Sponge

Beneath the CPI, a little whiff of Stagflation

CPI ramps, but real hourly earnings decline Okay, it's another 'Inflation Friday' as the November CPI ramps (click graphic, get report)... So the headline is the big inflation number. But…

Comments Off on Beneath the CPI, a little whiff of Stagflation

Payrolls +230k, a ‘disappointment’

November Payrolls +230,000 vs. 573,000 estimate Of course, it's all about the Fed, eh? With a side order of Omicron. Click the graphic below, get the report from BLS that…

Comments Off on Payrolls +230k, a ‘disappointment’