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Aug 14, 2014
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Housing starts, Architecture index, Foreign home buyers
Economic Releases
Jul 18, 2019
Rolled over and on the decline and from highs that were at historically depressed levels: Now in contraction: From the AIA: Design services demand stalled in June, Project inquiry gains hit a 10-year low Demand for design services at architecture firms decreased in June in comparison to the previous month, according to
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Trucking index, Tariffs, Singapore exports, Turkey retail sales
Economic Releases
Jul 17, 2019
FTR Trucking Conditions Index weakens in May The President is in no hurry because he narrowly views the some $5 billion/mo in tariff revenues as a profit for the US at China’s expense, totally insensitive to the global economic downturn this ‘tax hike’ has created: Trade war to drag on as Trump
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Retail sales, Industrial production, Housing index, Business inventories
Economic Releases
Jul 16, 2019
Better than expected: Highlights Taking out a policy-insurance rate cut when the main driver of the economy is booming sounds a little counter-intuitive, in retail sales results that came in much stronger than expected in June. Total sales rose 0.4 percent in the month with ex-auto sales also up 0.4 percent —
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NY manufacturing, China retail sales, US car sales
Economic Releases
Jul 15, 2019
Up this month but trending lower: China has been trying to recover with fiscal adjustments: Doesn’t include pickups and other light trucks:
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Manhattan home prices, Capital goods imports, Rails, Euro area industrial production, China imports
Economic Releases
Jul 13, 2019
Still in contraction: China Imports Tumble in June Imports to China plunged 7.3 percent from a year earlier to USD 161.86 billion in June 2019, much worse than forecasts of a 4.5 percent drop, a further sign of weak domestic demand that could lead Beijing to add more stimulus. Purchases fell for:
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JOLTS, Manufacturing, rails, Recreational spending
Economic Releases
Jul 09, 2019
All seems to be rolling over: This source of growth may be decelerating as well?
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Employment, China, Trump speech
Economic Releases
Jul 05, 2019
The annual rate of change continues to take a dive: Highlights There’s still time to cancel your rate-cut party. Nonfarm payrolls shot 224,000 higher in June and well beyond Econoday’s consensus range where the high forecast was 205,000. There are no flukes in this report underscored by a 17,000 jump for what
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Small business indicators, China business survey, Car sales, FDI, Euro retail sales
Economic Releases
Jul 04, 2019
Light vehicle sales peaked a while back: Been helping to support the $US: Eurozone Retail Sales Fall Unexpectedly Retail trade in the Euro Area fell 0.3% in May, following a 0.1% drop in April and missing expectations of a 0.3% growth, as sales declined for all main categories. Among the bloc’s largest
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Payrolls, Durable goods, ISM services, CEO confidence, Fed comment, Trump comment on currencies
Economic Releases
Jul 03, 2019
Another indicator turning south, and this is a big one, as it’s the source of most consumer income: Familiar pattern? As if rate cuts would help output, employment, or earnings, all of which are decelerating: Dow rises 100 points and heads for record close amid expectations for the Fed to lower rates
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Construction, Bank loans, Earnings
Economic Releases
Jul 01, 2019
Been working its way lower and into contraction ever since the collapse in oil capital expenditures late in 2015, like a slow motion train wreck: There’s been a history of getting a spike up before the collapse: Companies are warning that earnings results are going to be brutal KEY POINTS With earnings
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