CPI, Empire, and Bernanke’s managing of expectations

Right, core is giving Bernanke ‘cover’ to not do any more QE. I think he now realizes QE doesn’t actually do anything positive for the economy, as all his staff studies show. Yes, it can lower term rates a tad, but it also removes interest income as he himself seemed to have recognized in his […]

2008-08-15 US Economic Releases

[Skip to the end] Empire Manufacturing (Released 8:30 EST) Empire Manufacturing ALLX (Released 8:30 EST) Net Long-term TIC Flows (Released 9:00 EST) Total Net TIC Flows (Released 9:00 EST) TIC ALLX (Released 9:00 EST) TIC TABLE 1 (Released 9:00 EST) TIC TABLE 2 (Released 9:00 EST) TIC TABLE 3 (Released 9:00 EST) Industrial Production MoM […]

2008-07-15 US Economic Releases

[Skip to the end] ICSC-UBS Store Sales YoY (Released 7:45 EST) ICSC-UBS Store Sales TABLE (Released 7:45 EST) Producer Price Index MoM (Released 8:30 EST) PPI Ex Food & Energy MoM (Released 8:30 EST) Producer Price Index YoY (Released 8:30 EST) PPI Ex Food & Energy YoY (Released 8:30 EST) Advance Retail Sales MoM (Released […]

2008-06-16 US Economic Releases

[Skip to the end] Empire Manufacturing (Released 8:30 EST) Empire Manufacturing TABLE (Released 8:30 EST) Net Long-term TIC Flows (Released 9:00 EST) Total Net TIC Flows (Released 9:00 EST) TIC TABLE (Released 9:00 EST) NAHB Housing Market Index (Released 13:00 EST) NAHB ALLX (Released 13:00 EST) Empire Manufacturing (Jun) Survey -2.0 Actual -8.7 Prior -3.2 […]

2008-05-15 US Economic Releases

[Skip to the end] Initial Jobless Claims (Released 8:30 EST) Continuing Claims (Released 8:30 EST) Empire Manufacturing (Released 8:30 EST) Net Long-term TIC Flows (Released 9:00 EST) Total Net TIC Flows (Released 9:00 EST) Industrial Production (Released 9:00 EST) Capacity Utilization (Released 9:15 EST) Philadelphia Fed. (Released 10:00 EST) NAHB Housing Market Index (Released 13:00 […]

2008-04-15 US Economic Releases

Producer Price Index Empire Manufacturing NAHB Housing Market Index ABC Consumer Confidence Producer Price Index MoM (Mar) Survey 0.6% Actual 1.1% Prior 0.3% Revised n/a PPI Ex Food & Energy MoM (Mar) Survey 0.2% Actual 0.2% Prior 0.5% Revised n/a Producer Price Index YoY (Mar) Survey 6.2% Actual 6.9% Prior 6.4% Revised n/a PPI Ex […]

2008-02-15 US Economic Releases

Empire Manufacturing (Feb) Survey 6.5 Actual -11.7 Prior 9.0 Revised n/a Down, but it has been lower, not yet to previous recession levels. Industrial Production (Jan) Survey 0.1% Actual 0.1% Prior 0.0% Revised 0.1% Modestly positive, and not at recession levels. Capacity Utilization (Jan) Survey 81.3% Actual 81.5% Prior 81.4% Revised 81.5% Holding up reasonably […]

2008-01-15 US Economic Releases

Producer Price Index MoM (Dec) Survey 0.2% Actual -0.1% Prior 3.2% Revised n/a PPI Ex Food & Energy MoM (Dec) Survey 0.2% Actual 0.2% Prior 0.4% Revised n/a Producer Price Index YoY (Dec) Survey 7.1% Actual 6.3% Prior 7.2% Revised n/a PPI Ex Food & Energy YoY (Dec) Survey 2.0% Actual 2.0% Prior 2.0% Revised […]