Posts filed under “Markets”

Look Out Below, China Yuan Devaluation Version

click for updated futures
Futes  2015-08-12

Category: Currency, Markets

Fact Versus Fiction on Seattle Minimum Wage

@TBPInvictus “He who knows nothing is closer to the truth than he whose mind is full of falsehoods and errors.” – Thomas Jefferson If you’ve followed me at all recently, you know I have a keen interest in the minimum wage experiment that is going on in the city of Seattle, which last year approved increases to…Read More

Category: Markets, Politics, Really, really bad calls, Wages & Income

JPM’s Bear Markets

Today is as good a day as any to show this chart from my favorite quarterly slide deck:   click for ginormous graphic Source: JP Morgan

Category: Data Analysis, Markets, Trading

Liscio Report: Comments on July Employment

COMMENTS ON JULY EMPLOYMENT Philippa Dunne & Doug Henwood The Liscio Report, August 7, 2015     This is a report custom-designed for the dog days: little of interest to distract one from the important business of R&R, including, if you’re lucky, fishing. A bit on the weak side, perhaps – especially the household survey – but not…Read More

Category: Markets, Think Tank

Succinct Summation of Week’s Events 8.7.15

Succinct Summations for the week ending August 7th Positives: 1. Car sales are on fire, GM sales rose 6.4% and Ford sales rose 4.9%, vs expectations of a 0.6% and 1.8% increase, respectively. 2. Unemployment came in at 5.3%, unchanged from last month and in line with expectations. 3. Weekly jobless claims came in at…Read More

Category: Markets

The Amy Winehouse Movie

What impressed me most was she was singing her truth, unselfconsciously, in a world where we’re all too guarded, posting on Instagram about our fabulous lives when the truth is so often we feel tortured and unsure, insecure. Amy Winehouse was insecure. And she dealt with this by doing her best not to be too…Read More

Category: Markets

Succinct Summation of Week Events (7.31.15)

Succinct summations of events for the week ending July 31, 2015 Positives: 1. Durable goods increased 3.4% in June, above the 2.6% expected. 2. Case-Shiller home price index rose 4.4% y/o/y. 3. Weekly jobless claims rose to 267k off historically low levels; still very positive number. 4. July Markit services PMI rose to 55.2 from…Read More

Category: Markets

Market is Thinning Out

Source: WSJ

Category: Markets, Technology

Stop Anthropomorphizing Markets !

    Act. v. What a financial market supposedly does. As if it were a living creature with a sense of self and volition . . . Depicting a financial market as an athlete sprinting, leaping or cliff diving makes news coverage more exciting than a droning flux of numbers. The above definition is from “The Devil’s…Read More

Category: Humor, Markets, Really, really bad calls

Succinct Summations of Weeks Events 7.24.14

Succinct Summations for the slow Summer week ending July 24th Positives: 1. Weekly jobless claims came in at 255k, the lowest reading since 1973! 2. Existing home sales rose 3.2% in June to an annualized rate of 5.49mm, the fastest pace in more than eight years. 3. Mortgage applications rose 1% w/o/w. 4. Amazon turns…Read More

Category: Markets