Posts filed under “Markets”
In November, I will be heading down to sunny Miami for the inaugural Finance Festival 2015. The speaker’s list (here) is banoodles.My wife still talks about Todd Harrison’s Minyans in the Mountains in Vail. Hopefully this event can measure up to that perfect mix of smart sessions mixed with lots of constructive playtime.
Discount code to attend gets you 20% off admission. Enter “FINFEST” when checking out.
Hope to see you there!
Seeing the market crash from a few weeks ago, it is clear how quickly the market can ferociously hurdle in front of one’s risk models. Risk models that failed to safeguard against risk when it mattered the most. Models that left many large hedge funds hemorrhaging - top funds which by definition were supposed to protect their investors in the August…Read More
Succinct Summations for the week ending September 11th Positives: 1. U.S. job openings increased by 430k to 5.8 million, above the 5.3 million expected. 2. Weekly jobless claims came in at 275k, below the previous reading of 281k. 3.Fed’s Labor Market Conditions Index of 19 monthly indicators rose 2.1 pts in August, the best monthly…Read More
@TBPInvictus A couple of recent items got me thinking. First was this Tweet from Dave Weigel, detailing what New Jersey Governor Chris Christie thinks of Friday’s announcement that the national unemployment rate had dropped to 5.1 percent (lower, I might add, than at any time under St. Ronnie’s presidency). Christie says the official low unemployment…Read More
The market professionals are returning from their long holiday vacations. That may explain why futures were looking so strong Tuesday morning and the market surged at the open, or it may beShanghai’s late rally that accounts for the brighter outlook. As we have seen, futes can tell us how the markets may open, but not how they are…Read More
Succinct Summations for the week ending September 4th Positives: 1. Wages gained 2.2% year over year as Unemployment fell to 5.1% 2. Productivity rose 3.3%, better than the 3.2% expected and up from 1.3% previously. 3. ADP employment came in at 190k, up from 177k previously. 4. August vehicle sales totaled 17.72mm SAAR, about 400k more…Read More
Philippa and Doug are co-editors of The Liscio Report, an independent research newsletter focusing on the U.S. labor market, debt issues, and international flows. Their work includes month-by-month tracking of tax revenues at the state level, and detailed analysis of federal data releases. ~~~ State-level withheld tax receipts were stable between July and August. Overall, 82%…Read More