Valance Archive

Valance Weekly Report 11.9.2011

Valance Weekly Report (To download PDF, right click link and select save link as) Highlights US – Underwhelming payroll report EU – ECB cut rates; Greece and Italian Prime Ministers agree to step down JN – Exports improve UK – Negative effect from Euro-area crisis CA – BoC renewed its inflation target. ...Read More

Valance Weekly Report 11.2.2011

Valance Weekly Report (To download PDF, right click link and select save link as) Highlights US – Consumer Confidence contrasting moderate growth EU – Data and inadequate political solutions presenting a scary picture JN – Jobless Data improves, Industrial Production & Retail Sales decline UK – Uncertain Q3 GDP Estimate CA – ...Read More

Valance Weekly Report 10.26.2011

Valance Weekly Report (To download PDF, right click link and select save link as) Highlights US – Consumer Confidence erosion mirroring Europe’s EU – Business and Consumer Confidence at cycle lows JN – Exports improve although domestic conditions remain weak UK – Manufacturers’ optimism dropped sharply CA – BoC cut its 2011/12 ...Read More

Valance Weekly Report 10.19.2011

Valance Weekly Report (To download PDF, right click link and select save link as) Highlights US – Core CPI eases EU – EU CPI at three year high; Greek austerity plan to be voted on tomorrow JN – Data softens, gov’t cuts economic view UK – BoC sees Q4 growth close to ...Read More

Valance Weekly Report 10.12.2011

Valance Weekly Report (To download PDF, right click link and select save link as) Highlights US – Payroll report eases recession fears but still weak EU – ECB held rates at 1.5% JN – Machinery Orders better than expected UK – Largest number of unemployed since 1996 CA – Unemployment Rate lowest ...Read More

Valance Weekly Report 10.5.2011

Valance Weekly Report (To download PDF, right click link and select save link as) Highlights US – Personal income fell for the first time in nearly two years EU – Italy downgraded JN – Data improves but remains weak UK – Q2 GDP close to stalling CA – Second positive GDP in ...Read More

Valance Weekly Report 9.28.2011

Valance Weekly Report (To download PDF, right click link and select save link as) Highlights US – Political battles on both sides of the Atlantic overshadowing data EU – Markets slightly more optimistic resolution will be reached JN – Light week of data UK – The IMF lowered its 2011 growth projections ...Read More

Valance Weekly Report 9.14.2011

Valance Weekly Report (To download PDF, right click link and select save link as) Highlights US – Initial Claims disappointed EU – The ECB cut its growth forecast JN – Q2 Real GDP Revised Lower UK – Jobless-benefit claims continue to rise CA – Lost jobs in August AU – Unemployment rate ...Read More

Valance Chart Review

Looks to me like things continue to modestly improve with the first three quarters of this year showing sequential improvement. Good for corporate earnings, not so good for people in general. see attached charts and comments ...Read More

Valance Weekly Report 8.31.2011

Valance Weekly Report US – QE3 gaining momentum EU – Confidence weakening JN – Core CPI Prices increase, deflation still expected UK – Very weak Q2 growth CA – Economy contracted in Q2 NZ – Strong retail sales beat expectations ...Read More