“Trying to get that OI–LLL”

Last week was certainly a “whip-saw” kind of week. With the Chinese Tariffs and Trump’s kneejerk response to his “base” in West Virginia, Crude Oil has been in the cross-hairs. Affected by the money flows between asset classes, there are three arches I’m pondering and thus, there trigger points I’m keeping in mind with Crude … [Read more…]

A Week Amongst the Economic Data

  U.S. Review  Solid Momentum Beneath the Headlines  Swings in winter weather appear to be behind most of the below-consensus 103,000-job rise in March nonfarm payrolls. Job growth averaged 202,000 per month during the first quarter. Both the ISM manufacturing and non-manufacturing indices eased in March but both remain at levels consistent with real GDP … [Read more…]

Employment Situation

    Highlights In mixed results, March payroll growth of 103,000 is well below expectations but wage indications from average hourly earnings do show a little pressure as was expected, up 0.3 percent on the month with the year-on-year rate up 1 tenth to 2.7 percent. The unemployment rate did not move down which was … [Read more…]

Today’s Economic News

  United States Initial Jobless Claims was reported at 242K in 31/Mar from 218K in the previous period. It was expected at 225K.   United States Continuing Jobless Claims was reported at 1,808K in 24/Mar from 1871K in the previous period. It was expected at 1849K.   United States Challenger Job Cuts was reported at … [Read more…]

Today’s Economic News

  Today in economic news, United States MBA Mortgage Applications was reported at -3.3% in 30/Mar from 4.8% in the previous period. It was expected at 0.21%.   United States MBA 30-Year Mortgage Rate was reported at 4.69% in 30/Mar It was inline with expectations. United States ADP Employment Change was reported at 241K in … [Read more…]