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jwbrewer

jwbrewer
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  • August Nonfarm Payrolls: +96K vs. consensus +125K, prior +141K (revised from 163K). Unemployment rate 8.1% vs. consensus 8.3%, 8.3% previous. [View news story]
    Very simple..QE3 is more likely now.
    Sep 7 09:55 AM | 1 Like Like |Link to Comment
  • August Nonfarm Payrolls: +96K vs. consensus +125K, prior +141K (revised from 163K). Unemployment rate 8.1% vs. consensus 8.3%, 8.3% previous. [View news story]
    Within a few minutes after you or anon #12 post something there are 4 likes that hits your comments. I know anon is 'liking' himself and you as well; however, are you two the same person? That aside, instead of wanting to take something from someone else why don't you start a business or something. Envy and jealousness may be qualities of the OWS crowd, but they are not traits to be admired.
    Sep 7 09:53 AM | 2 Likes Like |Link to Comment
  • August Nonfarm Payrolls: +96K vs. consensus +125K, prior +141K (revised from 163K). Unemployment rate 8.1% vs. consensus 8.3%, 8.3% previous. [View news story]
    ..or those employed, underemployed or unemployed who has to pay for gas. Gas futures up 4 cents a gallon this morning.
    Sep 7 08:42 AM | 1 Like Like |Link to Comment
  • Aug ISM New York Report on Business: 51.4 down from 55.2 in July. [View news story]
    I believe some sort of correction of the headline is needed.
    Sep 5 10:01 AM | 2 Likes Like |Link to Comment
  • Aug ISM Manufacturing Index: 49.6 vs. 50.0 consensus and 49.8 prior. Prices index 54.0 vs. 39.5 prior. Employment 51.6 vs. 52.0. Inventories 53.0 vs. 49.0. New orders 47.1 vs. 48.0. [View news story]
    A simple long term and intermediate term moving average will do the trick...usually ahead of any economic data point.
    Sep 4 11:13 AM | Likes Like |Link to Comment
  • Aug ISM Manufacturing Index: 49.6 vs. 50.0 consensus and 49.8 prior. Prices index 54.0 vs. 39.5 prior. Employment 51.6 vs. 52.0. Inventories 53.0 vs. 49.0. New orders 47.1 vs. 48.0. [View news story]
    The only buiness cycle with any decent accuracy is a long term cycle where the full effects of shifts in supply and demand can be seen (not measured in after the fact...way after the fact) Medium/Short term cycles..not much use when consists of data created by phyics-envy economists (newflash..math doesn';t work as well in economics/finance as it does in science). The same business cycle declares 4% unemployment to be full employment....welcome to the new normal.
    Sep 4 10:51 AM | Likes Like |Link to Comment
  • Aug ISM Manufacturing Index: 49.6 vs. 50.0 consensus and 49.8 prior. Prices index 54.0 vs. 39.5 prior. Employment 51.6 vs. 52.0. Inventories 53.0 vs. 49.0. New orders 47.1 vs. 48.0. [View news story]
    Odd that you take one piece of news and declare NO RECESSION, but when a big piece of news comes along that indicates recession (ignore the 8.3 er..8.244444449% unemployment rate for the past 3 years) you say 'no wait' must have other news to back claim such as const. spending...oh wait. You post under the same pretext that you accuse zero hedged..with an agenda. Keynes is dead and defunct and Barry O. is a failure...get over it. All the so-called good news at the begining of the year was nothing more than forward economic activity being pack into a few months. It didn;t take much intelligence to know how that would play out..and yeah I feel better, much better.
    Sep 4 10:25 AM | 2 Likes Like |Link to Comment
  • Aug ISM Manufacturing Index: 49.6 vs. 50.0 consensus and 49.8 prior. Prices index 54.0 vs. 39.5 prior. Employment 51.6 vs. 52.0. Inventories 53.0 vs. 49.0. New orders 47.1 vs. 48.0. [View news story]
    A certain poster asked for data to support my claim of stagnation in the economy, well you are right and I am wrong - this isn't stagnation it is recessionary.
    Sep 4 10:11 AM | Likes Like |Link to Comment
  • Bernanke: No new stimulus measures are outlined, but as usual, he says the Fed stands ready to act as needed. The cost of non-traditional policies (QE) "appear manageable." The economy is "far from satisfactory," and labor market stagnation creates enormous suffering. [View news story]
    He needs to do something to keep the market up, at least until the end of Sept. By 2nd week of Oct, people will be getting their qrtly 401K reports and if it is in the red, Barry O. will not be happy with Ben.
    Aug 31 10:32 AM | Likes Like |Link to Comment
  • More on Consumer Confidence: At 60.6, the index hits its lowest level since November, led by a sharp drop in optimism about the short-term outlook.  Those expecting business conditions to improve fell to 16.5% from 19%. Those expecting worsening increased to 17.7% from 15.1%. The report hits stocks a bit (Why? Shouldn't this make Fed action more likely?), the S&P 500 -0.2%[View news story]
    Of course it is.
    Aug 28 10:18 AM | Likes Like |Link to Comment
  • The big reversal lower in WTI crude oil comes amidst the usual rumors of an SPR release, but likely has more to do with Isaac being downgraded to a Category 1 hurricane from Cat 2. [View news story]
    Oil may have reversed...but gasoline has not.
    Aug 27 10:50 AM | 1 Like Like |Link to Comment
  • July New Home Sales: 372K vs. 362K expected, 359K (revised) prior. [View news story]
    No recovery either..just stagnation much like the Jimmy Carter era.
    BTW. when bbro makes the claim of "NO recession" he does so with some degree of authority. He looks at charts and data and, whether you agree or disagree with his analysis, makes an informed decision that he can at least support. You, on the other hand, cannot make the same claim. Your claim "NO recession" based on the pure fact that you are an Obama boy all hyped up on the drug known as Hope and Change. I am sure you are utterly stunned at its failure...then again, maybe not.
    Aug 23 10:45 AM | 4 Likes Like |Link to Comment
  • July New Home Sales: 372K vs. 362K expected, 359K (revised) prior. [View news story]
    The actual (NSA) number sold for July was 34,000 was the same as June. That must be some seasonal adjustment factor between the 2 months.
    Aug 23 10:36 AM | Likes Like |Link to Comment
  • The Bloomberg Consumer Comfort Index falls to -47.4 from -44.4 last week. It's the lowest level since mid-January and a continues a sharp reversal from prints in the Spring. [View news story]
    ...and no or little-paying jobs.
    Aug 23 09:57 AM | Likes Like |Link to Comment
  • NAHB Housing Market Index: 37 vs. 35 expected, 35 previous. Components reflecting current sales conditions/traffic, and 6-month expectations all rose to their highest levels in 5 years. Builders, however, are frustrated with (in their view!) inaccurate appraisals and difficult access to credit for homebuyers. [View news story]
    Let me get this straight. On one hand home builders are confident, with sales of single family home bottom crawling, and on the other, they are complaining about banks not lending money to buy their newly built homes? Sounds like they are either on the verge of an inventory problem or else they are confident but not building - which would account for low completion rates (not premits). If only...if only.
    Aug 15 12:09 PM | Likes Like |Link to Comment
COMMENTS STATS
317 Comments
496 Likes