Home » Most Recent Stories

DATA ROUND-UP

1 July 2010 by Cullen Roche 1 Comment

No comments necessary here.  The end of government stimulus is revealing a very very weak private sector.  It’s almost unbelievable how weak this data is considering where we are from the trough in economic output (via Trade The News):

  • (US) Jun Challenger Job Cuts Y/Y: 39.4K v 38.8K prior; -47.1% v -65.1% prior
  • (US) Initial Jobless Claims: 472K v 455Ke; Continuing Claims: 4.616M v 4.550Me
  • 10:00 (US) Jun ISM Manufacturing: 56.2 v 59.0e; Prices paid: 57.0 v 70.0e
  • 10:00 (US) May Construction Spending M/M: -0.2% v -0.8%e
  • 10:00 (US) May Pending Home Sales M/M: -30.5%% v -14.2%e; Y/Y: -15.6%% v 24.6% prior
  • (US) EIA Natural Gas Inventories: +60 bcf v +60 to +70 bcf estimate range
Disclosures - Unless otherwise noted, authors have no positions in any securities mentioned and readers should never consider this to be investment advice. Always consult your financial advisor before acting on any ideas. Comments Guideline - Readers who denigrate authors or other readers will be banned without warning. This site does not tolerate any sort of reader abuse. The goal of this site is to create an environment that is conducive to learning and better understanding of the monetary system and the investment world. We expect readers to behave maturely and responsibly. We welcome and encourage intense and intelligent discourse, but the site adheres to a strict 1 strike policy. While it is your right to speak freely, it is not your right to behave childishly. Above all else, please enjoy the site. It is intended to be used as an educational tool and we hope the intelligent and mature debate will further that purpose. We hope readers will make an effort to respect that goal. Comments with excessive linking or foul language will be moderated before posting.
Comments