Equities Archive
Empire State Manufacturing, China Power Usage, Stock Buy Backs
The recession continues: Empire State Mfg Survey Highlights Negatives are beginning to run in Empire State with the index at minus 10.74 in November, right in line with the prior four readings and well below the Econoday consensus for minus 5.00. Several components are showing extended weakness including unfilled orders, at minus
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Trucking Tonnage, Earnings Per Share
ATA Truck Tonnage Index Fell 0.9% in August AAmerican Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.9% in August, following a revised increase of 3.1% during July. In August, the index equaled 134.2 (2000=100), down from 135.3 in July. The all-time high of 135.8 was reached in January 2015.
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Spain, QE chart, Wholesale trade, UK and France industrial production, Import and export prices
Fyi, we will be in Spain next week. Here are some of the details: There is a newly formed MMT Group in Spain called APEEP which stands for “Asociación para el Pleno Empleo y la Estabilidad de Precios”. In an effort to bring MMT into the political debate in Spain, they will
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Mortgage Purchase Apps, EU Retail Sales, Payroll Tax, ADP, Trade, Equity Comment
While still historically very low, purchase apps are now way up over last year’s particularly depressed levels. Some are replacing all cash buyers, but the increase is also in line with increased existing home sales. While new home sales were soft, turnover of existing homes has been increasing, and while not directly
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Railcar traffic, Draghi statement, NY manufacturing survey, Industrial production, Consumer confidence
Currencies, ECB, Equities, GDP
May 15, 2015
Rail Week Ending 09 May 2015: Data Still Not Pretty. Rail Softness Continues. (Econintersect) — Week 18 of 2015 shows same week total rail traffic (from same week one year ago) declined according to the Association of American Railroads (AAR) traffic data. Intermodal traffic improved, which accounts for half of movements –
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mtg purchase apps down again, Earnings, Greece chart, gasoline demand
Not good. Purchase apps back down to depressed levels after a dip in front of govt mortgage fee cuts followed by a small blip up after the cuts, and up only 1% from last year’s cold winter depressed levels: MBA Purchase Applications Highlights The purchase index fell 7.0 percent in the February
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is the drop in oil price a positive or negative?
So most every mainstream analyst has called the drop in crude prices a ‘massive unambiguous positive’ for the US economy. Seems stocks don’t agree…
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NFIB, Mtg apps, retail sales, Empire State
Today’s releases are causing analysts to reduce their GDP forecasts for Q3, which ended Sept 30. Note the difficulty in forecasting the past when considering the difficulty in forecasting the future… This was released yesterday, turned down from not so good levels: NFIB Small Business Optimism Index Full size image Mtg purchase
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WRKO interview
Interview with Barrie Armstrong
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Another look at Q3 GDP
Credit, Deficit, Economic Releases, Employment, Equities, GDP
Dec 23, 2013
Third-Quarter Growth in U.S. Revised Higher on Services By Victoria Stilwell Decmeber 20 (Bloomberg) — The economy expanded in the third quarter at the fastest rate in almost two years as Americans stepped up spending on services such as health care and companies invested more in software. Jump in healthcare??? And the
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