Posts filed under “Data Analysis”

Plus 167k!

DOH!  I thought I posted this before I headed out earlier today — here is a belated update

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Heckuva a number, Ben.

As feared, the strong number generated selling in both the Bond market (sending yields higher) as well as equities.  The initial dumpage of stock futures is showing equities attempting to claw their way back off the lows.

As to the employment data, a few interesting items:

• The big gainers were Professional and business services (50,000); Health care (31,000), plus more ambulatory
health care services (14,000), and hospitals (11,000);  Services for buildings and dwellings
gained 13,000;
 • Employment
in construction was about unchanged over the month;
• Manufacturing jobs continued to trend downward;
• After increasing by 295,000 in 2005,
construction employment was little changed in 2006.  
• Temporary help services employment was
little changed over the month and over the year. Temp #s are forward looking, and often precede actual permanent hiring.

 

I still don’t know which data to believe, ADP or the soon to be revised BLS. But its apparent that the market is looking at this — plus today’s Fed speechifying — as reducing the odds of a rate cut anytime soon…

Category: Data Analysis, Employment

NFPayroll Day

Category: Data Analysis, Economy, Employment

The Daunting Overhang of Unsold Houses

Category: Data Analysis, Economy, Real Estate

Housing Bottoming ?

Some of the recent Housing data has been “encouraging:” • Sales for existing homes rose in November for the second straight month; • New single-family homes rose 3.4% in November (seasonally adjusted), following a 3.8 percent decline in October; • Inventory backlog declined to a 6.3-month supply in November (from 6.7-months); •  The 4 week…Read More

Category: Data Analysis, Economy, Real Estate

Journalists, Heal Thyselves

Category: Data Analysis, Financial Press, Retail

Producer Prices & Inflation

Category: Commodities, Consumer Spending, Data Analysis, Federal Reserve, Inflation, Retail

Inflation Vanquished ?

Category: Consumer Spending, Data Analysis, Economy, Inflation, Retail

The best investment advice you’ll never get

Category: Data Analysis, Index/ETFs, Investing, Markets

CPI update: Um, not so fast!

Category: Data Analysis, Federal Reserve, Inflation

The New Reality: Four 20 inch monitors

Category: Data Analysis, Economy, Retail, Technical Analysis