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North American economy in retreat
- Gambler
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7 years 1 month ago #117839
by Gambler
Gambler replied the topic: North American economy in retreat
Jobs report today, I bet about 210K above 200 forecast, they will want a strong number to raise rates
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- RonS
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7 years 3 months ago #117426
by RonS
RonS replied the topic: North American economy in retreat
US jobs came in at 156,000 a t less than the 175,000 expected but had decent wage growth at 0.4% but really only making up for November's 0.1% decline.
Amazing, for the 2nd month in a row there was no jobs added with the birth/death rate model, in fact they reported this as minus 28 jobs
www.bls.gov/web/empsit/cesbd.htm
Maybe they are starting to report closer to real numbers?? although I have not looked at detail in the report yet
Amazing, for the 2nd month in a row there was no jobs added with the birth/death rate model, in fact they reported this as minus 28 jobs
www.bls.gov/web/empsit/cesbd.htm
Maybe they are starting to report closer to real numbers?? although I have not looked at detail in the report yet
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- alexgreat
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7 years 4 months ago #117409
by alexgreat
alexgreat replied the topic: North American economy in retreat
Gundlach, the bond king thinks we have to see yields rise a bit more before we worry
"I think above 3 percent is a problem," Gundlach told Reuters. "If the 10-year goes above 3 percent, you would also have to say unequivocally you have seen the end of the bond bull market."
www.reuters.com/article/us-funds-doublel...uters+Wealth+News%29
"I think above 3 percent is a problem," Gundlach told Reuters. "If the 10-year goes above 3 percent, you would also have to say unequivocally you have seen the end of the bond bull market."
www.reuters.com/article/us-funds-doublel...uters+Wealth+News%29
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7 years 4 months ago #117407
by Gambler
Gambler replied the topic: North American economy in retreat
James Turk: “Everybody needs to be focusing on what is happening with interest rates, Eric. The yield on the 10-year Treasury Note is flirting with 2.50%. The last time we saw a yield that high was over two years ago. But rising yields are not just happening in the US. Yields are rising in Europe and Asia too. The upward pressure on interest rates is global, and more to the point, central banks are losing control…
Good article
kingworldnews.com/james-turk-central-ban...ally-losing-control/
Good article
kingworldnews.com/james-turk-central-ban...ally-losing-control/
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- RonS
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7 years 4 months ago #117391
by RonS
RonS replied the topic: North American economy in retreat
The birth death rate came in at only 2,000 compare to 197,000 last month. How can new business completely shut down from booming one month to nothing the next.
www.bls.gov/web/empsit/cesbd.htm
If this does not convince one that it is just a made up number, nothing will
www.bls.gov/web/empsit/cesbd.htm
If this does not convince one that it is just a made up number, nothing will
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7 years 4 months ago #117381
by Gambler
Gambler replied the topic: North American economy in retreat
quiet here 178,000 jobs, look like you pretty close
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7 years 4 months ago #117360
by WealthyPlumber
WealthyPlumber replied the topic: North American economy in retreat
Nobody wants to guess around the consensus, so I will and go with 182,000.
Ron, I think you should give a trip to Vegas for any subscriber is the closest. If you can pick this number, one should be gambling
Ron, I think you should give a trip to Vegas for any subscriber is the closest. If you can pick this number, one should be gambling
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7 years 4 months ago #117358
by Keith
Keith replied the topic: North American economy in retreat
I am going with a weak number, 165,000. No need to pad the number after the Clinton loss LOL
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7 years 4 months ago #117354
by DearJohn
DearJohn replied the topic: North American economy in retreat
Initial weekly U.S. jobless claims rose by 17,000 to a seasonally adjusted 268,000 in the week to Saturday, the Labor Department reported today
Consensus expectations compiled by various news organizations called for initial claims to be around 250,000 to 253,000.
This could mean a weaker number tomorrow? I am going with 162,000
Consensus expectations compiled by various news organizations called for initial claims to be around 250,000 to 253,000.
This could mean a weaker number tomorrow? I am going with 162,000
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7 years 4 months ago #117351
by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
Don't forget we are guessing about a rigged number, market and media. Here is a long and in depth video on this by Dr. Paul Roberts
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7 years 4 months ago #117349
by alexgreat
alexgreat replied the topic: North American economy in retreat
I am shooting high too and will guess at 207,000. I think the Fed wants to really ensure market sees the December rate hike coming
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7 years 4 months ago #117348
by Tom
Tom replied the topic: North American economy in retreat
I'm going with the strong number 215,000
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