Chicago Fed Index: Still Slowing, Not in Recession Territory
By William Trent, CFA of Stock Market Beat
By William Trent, CFA of Stock Market Beat
From Investment Intelligencer
From Investment Intellligencer
By William Trent, CFA of Stock Market Beat Employment Situation Summary Nonfarm payroll employment rose by 180,000 in March, and the unemployment rate was essentially unchanged at 4.4 percent, the Bureau of Labor Statistics…
From Ticker Sense The Baltic Dry Freight Index is considered by some to be a decent indicator as to the future direction of the economy. The logic goes along the lines that if shippers…
By William Trent, CFA of Stock Market Beat Durable goods weaker than expected – Yahoo! News Orders for U.S.-made big-ticket items were weaker-than-expected in February as the world’s richest economy hit hard by troubles…
By William Trent, CFA of Stock Market Beat Thanks to a tip from the West Coast Whiner, we have decided to start following the Chicago Fed index more closely as an economic indicator.Chicago Fed…
From Investment Intelligencer With the exception of Messrs. Roubini and Roach, the vast majority of Wall Street economists are still whistling Dixie. Another exception, previously noted here, is Northern Trust’s Paul Kasriel. Kasriel hasn’t…
As expected, the FOMC left rates unchanged today at 5 1/4%. At the last meeting, the DJIA closed at 12,621.69 on the January 31, 2007 date and right before today’s announcement the DJIA was…
From Ticker Sense With the Fed rate decision coming today at 2:15 PM ET, we updated our table of how the S&P 500 has performed on the day of rate decisions as well as…
From Ticker Sense While we wait over the next two days for the Fed’s ultimate decision regarding interest rates and the wording of their statement, we thought we would share the following chart which…
From Ticker Sense Friday’s CPI report, which showed a slight up-tick in year over year core CPI, lowered investor expectations of rate cuts later in the year. Furthermore, with core inflation (2.7%) running above…
From Ticker Sense New Inflation Fears Cap a Rocky Week” – New York Times 3/18/07 “Upbeat Outlook for US Inflation” – Financial Times 3/17/07 When investors get caught up in the tick by tick…
By William Trent, CFA of Stock Market Beat The major events on this week’s economic calendar include: Housing Starts (Tuesday). The FOMC Announcement (Wednesday) Significant earnings reports include: Large Cap Watch List member Oracle…