For Rate-Hike Clues, Focusing On Jobs Trend, Not Just Monthly Numbers

posted in: Credit, Economy | 0

Today is jobs day.  At 8:30 later this morning, the Bureau of Labor Statistics publishes the report card for September.  A monthly ritual that markets more often than not await with abated breath.  Particularly so this time around as the … Continued

U.S. Biz Capex Proxy Rises For 2nd Straight Month, But Tough Y/Y Comparisons Ahead

posted in: Economy | 0

2nd straight M/M rise in orders for U.S. business capX proxy in April For several months beginning June, hurdle rate quite high for Y/Y growth Six years into expansion, ZIRP probably not confidence booster among CEOs Phew! A sigh of … Continued