NFP Today

You know the drill:  Today is the data release for August Non-Farm Payrolls, and I once again am taking the Under.

Consensus expectations are for 190,000, with the range between 110,000 to 235,000.

The Birth/Death adjustment last August was a chunky 123k — so perhaps the Under is a loser this month. Regardless, my econometric modeling is reality based, so regardless of the final BLS data point is — I’m expecting only modest job creaton.

BTW, the BLS is not a case of garbage in/garbage out — its the bias embedded in their processes that turns good data into something less than useful — not their data sources . . .

Category: Economy

Shopped Out?

Category: Economy, Retail

Katrina Overview (or, we’ve gone Map Crazy, Part IV)

Category: Commodities, Media, Psychology, Science, Weblogs

3 and 2 year yield curve inversion

Category: Economy, Fixed Income/Interest Rates

Tracking Fuel Costs

Category: Commodities, Weblogs

PMI, GDP stink up the joint

Category: Economy

Katrina/New Orleans Disaster Relief Aid

It appears the damage to New Orleans region is far worse than originally expected. As we did with the Tsunami, here are numerous resources that you may find helpful in keeping informed about the damage, and making donations to help survivors:

1) Relief Organizations

Americares
Known as the most efficient relief charity in the U.S. (and Non-denominational also)
88 Hamilton Avenue, Stamford, CT USA 06902
Toll Free: 1-800-486-HELP (4357) Phone: 01-203-658-9500

American Red Cross
1-800-HELP-NOW
800-435-7669
http://www.redcross.org/
(You can also donate via Amazon.com or the iTunes Music Store)

Salvation Army
1-800-SAL-ARMY
800-725-2769
http://www.salvationarmyusa.org/

see below for complete list of charities

2) News Coverage

Yahoo! FULL COVERAGE: Hurricanes & Tropical Storms

http://news.yahoo.com/fc/world/hurricanes_and_tropical_storms

Google Groups katrina relief aid
http://groups.google.com/groups?hl=en&q=katrina+relief+aid&qt_s=Search

The KatrinaHelp Wiki relief page
http://katrinahelp.info/wiki/index.php/Main_Page

3) Weather Related Resources

National Hurricane Center
http://www.nhc.noaa.gov/

Actual Water Level Measurements, at New Orleans, LA
USGS 073802338 IWW @ I-510 Bridge (Paris Rd) http://waterdata.usgs.gov/nwis/uv/?site_no=073802338

See this Google Map for location:
http://maps.google.com/maps?q=Paris+Road,+New+Orleans,+LA+70129
&spn=0.217644,0.317677&hl=en

National Weather Service
http://iwin.nws.noaa.gov/iwin/ graphicsversion/bigmain.html

Hydrologic Information Center (river flooding)
http://www.nws.noaa.gov/oh/hic /index.html

4) Government Resources

Federal Emergency Management Agency
1-800-621-FEMA
http://www.fema.gov/

City of New Orleans
http://www.cityofno.com/portal.aspx

Louisiana Governor’s Office
http://www.gov.state.la.us/

Mississippi Emergency Management
http://www.msema.org/

Louisiana Homeland Security
http://www.ohsep.louisiana.gov/

5) State Government Resources

Louisiana Emergency Road Closures
http://www.ohsep.louisiana.gov/evacinfo/rdclosureindex.htm

Mississippi Emergency Road Closures
http://www.gomdot.com/

Alabama Emergency Road Closures
http://www.dot.state.al.us/closures/

Florida Emergency Road Closures
http://www.floridadisaster.org/

New Orleans Convention and Visitors Bureau Update
http://www.neworleanscvb.com/static/index.cfm/action/group/
contentID/256/sectionID/1/subsectionID/0/

Read More

Category: Weblogs

Dow Jones Chart (1900-2004)

There is a terrific Dow Jones Chart (1900-2004) for sale at the Minyanville.com gallery. Its along the same concept of a chart we did back in 2003 — only this one includes P/E ratios, which is a very instructive addition to the graph: click for an enormous chart: “Officially licensed and designed by Minyanville’s own…Read More

Category: Investing, Markets

Ben Stein: Wrong About Earnings

Category: Earnings, Economy, Financial Press, Psychology

Music Industry Attempts Price Increases (or Hari Kari, Part II)

Category: Intellectual Property, Music, Web/Tech