The Superbowl As An Economic Indicator
The Superbowl As An Economic Indicator America’s unofficial holiday is this weekend, the Superbowl. What can this event tell us about...
Dissecting the NonFarm Payroll Data
Today’s NFP data was surprising — both to the upside and the downside. 20,000 jobs were lost in January, below the consensus....
Welsh Investment letter – Special Update February
~~~ As noted in the January letter, a close below 1,080 in the S&P would be negative, and it did yesterday, closing at 1073.87....
Payrolls mixed
Jan Payrolls fell by 20k and the prior 2 months were revised down by 5k. The private sector shed 12k and the government lost 8k led by...
Fred Hickey: Tools of the Fed Feed Market Growth
Fred Hickey, editor of The High-Tech Strategist and Barron’s Roundtable member, believes the Fed’s fiscal moves have helped...
January 2010NFP is . . .
Of course, I am out of pocket when the 8:30 am data release hits. Use comments to report the data — I’ll update later The...
Piling into US$’s and Treasuries, quite ironic
The panic for CDS sovereign protection is continuing this morning and investors take solace in the US$ and US Treasuries. Quite ironic of...
PIGS Won’t Fly
> It was pretty ugly across the board yesterday. There was little buying interest — the market gapped down, drifted lower all...
Greecey Markets Suffer Another Slide
Good Evening: Global asset prices took a fairly substantial hit today, as sovereign debt issues in Europe continued to ignite....
Open Thread: NFP, Market Collapse
Futures are recovering after today’s rout in the markets, a near 3% whackage. Tomorrow is the big NFP, with a possible +5k handle....