It is a good thing investors will have the entire weekend to recover from their New Year’s celebrations, because 2010 is starting with a bang, at least in terms of economic data. Undoubtedly, the week’s most critical release will be Friday’s employment report, where excitement is building that payrolls could show their first monthly advance […]
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This week investors face a barrage of data in addition to Chairman Bernanke’s Senate confirmation hearing. On the economic front, Friday’s employment report should steal the show followed closely Tuesday’s manufacturing ISM release. Both the manufacturing and non-manufacturing ISM reports have indicated expansion over the past three months, and should again in November, albeit at […]
With the first week of November comes a wave of important economic data—plus a few key earnings announcements—important macro releases include October’s employment report, an FOMC announcement, and several other indicators that will help gauge the health of the consumer and overall economy. Also important to note is that the ECB, Bank of England, and […]
There’s no doubt this week’s most important release will be Friday’s employment report, which is expected to show a decline in payrolls of -170K with an unemployment rate of 9.8%. This week could prove critical as markets try to regain some traction after several negative surprises last week, including lower than anticipated existing home sales […]
This week brings the onset of a notoriously bad month for returns, and given the week’s vast array of critical data, the ball is sure to start rolling in one direction or another. First let me apologize if this week’s calendar seems somewhat abridged, as I am on vacation, and am writing it amid the […]
July’s non-manufacturing ISM came in at 46.4, compared to last month’s reading of 47.0 in June, and a market consensus of 48.2. July’s employment index moved to 41.5 from 43.4. The prices paid index moved to 41.3 from 53.7. Weakness in the employment index coupled with a weaker than anticipated ADP report could place negative […]
Despite the shortened work week, we have a rather busy schedule of US economic data releases, climaxing with Thursday’s US employment data. Last month’s payroll data caught the market by surprise coming in well above expectations, demonstrating the lowest level of job losses since September 2008. But, the big question remains, was this start of […]