Succinct summation of week’s events:
1)Private sector job gains about line with expectations 2)Initial Claims fall below 450k 3)Aug Pending Home Sales better than expected 4)ISM services rise more than estimated but components mixed 5)Purchase apps at 5 mo high 6)For asset prices at least, BoJ will buy anything, Bernanke hints at more QE 7)For sound money, BoE and ECB stay put 8)Strong Australia jobs # 9)Shanghai index at 5 mo high 10)China likes Greek debt, Greek 10 yr below 10% for 1st time since June
1)QE consequence, CRB index at 2 yr high, message to Fed: Be Very Careful What You Wish For 2)$ index lowest since Jan, Brazil/South Korea take step toward capital controls 3)Fitch downgrades Ireland credit rating 4)Sept private Payroll gain modest, U6 at 17.1%, matches 9 mo high 5)Refi’s fall to 8 week low 6)ABC confidence at 8 week low 7)Sept Canada jobs # falls
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.