Equity Bulls Later Last Week Used Bad Data To Load Up On Stocks, More Gains Likely Ahead

posted in: Credit, Economy, Equities, Technicals | 0

Last Thursday, bulls used initial weakness in major equity indices owed to 4Q22 productivity report as an opportunity to buy. Friday, they bought more. More gains are likely ahead. Fed funds futures are very volatile. Traders are actively reacting real … Continued

Stagnant U.S. Productivity And Decelerating Corporate Earnings

posted in: Economy | 0

U.S. productivity continues to leave a lot to be desired, and that can have repercussions for corporate earnings. Non-farm output per hour grew a mere 0.26 percent year-over-year in the second quarter, down from 0.63 percent sequentially.  Quarter-over-quarter, it rose … Continued

U.S. Productivity Trends Not Conducive To 2H Earnings Expectations

posted in: Economy, Equities | 0

For U.S. corporations, there was a trio of bad news in yesterday’s revised productivity numbers for the first quarter, and this potentially has earnings repercussions. U.S. non-farm business output per hour year-over-year was revised lower from growth of 0.6 percent … Continued

Wages dynamics in U.S. economy, and why productivity is crucial

posted in: Economy | 0

U.S. wages stuck in mud, more so for supervised employees than for supervisory ECI for private sector has been trending higher since 1Q14; sustainable? Productivity crucial for employers’ ability to absorb wage hikes If there is one consistency in the … Continued

Amid slowing U.S. productivity, wage hike means margin shrinkage for business

posted in: Economy | 0

Recent WMT announcement notwithstanding, wage stagnation has been a trend 4Q14 U.S. non-farm output per hour goes negative – first drop since 3Q11 Businesses can pay productive workforce higher wages and still win Later this morning, we get February’s U.S. … Continued