As Good As It Gets
I was going to leave the following observations to a more comprehensive blog post I’m working on. But after the euphoria of last weeks seasonally adjusted US initial unemployment claims coming in better than Wall Street consensus at 341K, Continue reading
It’s almost too quiet these days in the capital markets. Despite the Wall Street MSM continuing to pump the theme “everyone hates equities” and aside from the fact that the anemic trading volumes on the US equity markets (and equity markets in developed markets in general) may just support the fact that everyone hates equities, Continue reading
I have to admit, I have never been able to understand how average, hard working people making $70K a year (and that’s if they are at the top end of the working stiff spectrum) could afford $400K to $500K homes. Continue reading
There are some important company earnings reports and economic reports due out in the next couple of weeks.
I want to take time to review them carefully before saying too much as we’re at a critical point in the travels for the global equity markets and the global economy. Continue reading
This is one of those topics where one has apprehension about posting publicly because the topic can be argued so many different ways. And to make it worse, it’s like residential real estate, everyone has an opinion. I’m going to talk about US interest rates Continue reading
I promised some notes on the US Employment situation for 2012.
The best that can be said about US employment during 2012 is that at least the growth rate seems to have settled around a level (1.39% year over year for December 2012) that allows the “official unemployment rate or U-3 unemployment to gradually come down”. Continue reading
The initial release of the US employment (or jobs, labour, or whatever you want to call it) report came over on Friday this past week. The media and the Wall Street analysts immediately started spinning the US jobs report as a “goldilocks” number as it hit the Wall Street analyst consensus for the Establishment survey, with non-farm payrolls adding 155,000 thousand jobs for the December report. Continue reading