Blog Archives

US Morning Report: Depressed Prices, Jobless claims makes news again

Import Prices are now down 2.7% on year after they first breached the zero line in May ever so slightly. Export prices are similarly depressed by 2.1% on year. However on the back of higher consumer credit offtake in May the first

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Posted in Amitonomics, Bailout Nation, Constitution Day, Private Equity, US

US Morning Report: Jobs report denies Thursday’s Private payrolls report / Services optimism

Th eJobs report finally came out to a measly 80K. Private Payrolls are up 84K and the unemployment rate unchanged. Dow Futures are down 60 points as we speak with much more ahead of us. The Participation rate is better

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Posted in Amitonomics, US

US Morning report: It starts with a dull PMI and then, Jobless claims do not add up

It is mostly Global moves from across the  pond hurting this nation as euro data disappoints (The lowdown here) The MarkIt PMI hasn’t caught on the fancy of US Economists though with the HSBC PMI down a point to 52.9

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Posted in Amitonomics, Bailout Nation, US

US Economy: Roughing up on Bad news Thursday

The day before the BLS Jobs report, everything is looking black and blue for the US economy with the Dollar index at 83 and courtesy the Euro still climbing inordinately at 83, while that has kept commodities tired, it also

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Posted in Amitonomics, housing, Retail Lifestyle, US

The Deal Economy and US Economic commentary from week of April 22 : Facebook listing to help the NASDAQ 100

The week past had a lot of misplaced Housing “crisis” data and Jobless claims data so you possibly did not miss much as I forced myself on a holiday.  As expected April Jobless claims data tracked 400k. it has been

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Posted in Amitonomics, Financial Markets, Private Equity, Retail Lifestyle, US

US Economy (EoD Review) : The Week ahead April 8 – April 15, 2012

Consumer Credit reports a rise of $8.7 bln, fall in revolver The good news that was expected to come from the Jobs report did not make it a very Happy Easter morning today. However the robust Vehicle loans kept up

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Posted in Amitonomics, Retail Lifestyle, US

US Economy: The GDP number is a round 3% (Here’s what’s happening in the World Tonight, Ray B., San Diego)

Markets will of course be happy in an otherwise dull week that the GDP report has not thrown any negative surprises, and forget any planned surprises like yesterday’s Reuters report suggesting 3.6% no less. That 3% of course is for

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Posted in Amitonomics, Europe, Global, US

US Economy: ICSC sales put on brakes, Case Schiller worst since 2006, Health back with a GOP agenda?

Though the Fed would have preferred being proved right ont he continuing recoevery its indicated fears are coming true though no Jobs number is due this Tuesday. The Weekly Goldman ICSC retail indices are on mark to losing the 3%

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Posted in Amitonomics, Bailout Nation, Healthcare, Obamanomics, Retail Lifestyle, US

US Economy: Worries about the “head fake” in housing data, production declines and then Bernanke speaks..

Markets shoot up knowing well enought hat the mixed housing and manufacturing data showing wweakness in consumption and housing is really not significant and that the recocery is on. The movie Hunger Games was good too, and the time difference

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Posted in Amitonomics, Retail Lifestyle, US

US Economy: The morning begins well, It is Jobs thursday

Jobless claims fell 5,000 from a revised 353,000 for the week to 348,000 and the claims average took another hit in the belt with a drop to 355,000. A widely expected drop below 350,000 is next and then probably the

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Posted in Amitonomics, Banking, US