North American economy in retreat

More
1 week 6 days ago #123140 by DearJohn
DearJohn replied the topic: North American economy in retreat
Recovery in the jobs number, just in time for some good news

The jobs report showed the economy added 224,000 nonfarm payrolls in June, more than economists had expected.

The unemployment rate ticked higher to 3.7%, and wages accelerated at a slightly slower pace than expected.

The report eased concerns about a slowdown following surprisingly disappointing results in May, and dampened expectations for the Federal Reserve to cut interest rates this month.


markets.businessinsider.com/news/stocks/...ne-2019-7-1028332289

Please Log in or Create an account to join the conversation.

More
1 month 1 week ago #123003 by alexgreat
alexgreat replied the topic: North American economy in retreat

Please Log in or Create an account to join the conversation.

More
1 month 1 week ago #122995 by Gambler
Gambler replied the topic: North American economy in retreat
No guesses at the jobs number last week and it was a shocker

The US economy created far fewer jobs than expected last month and wages also rose less than forecast.

Some 75,000 jobs were created in May rather than the 185,000 expected by analysts, the Bureau of Labor Statistics said.

The dollar dropped as markets assumed that the slower-than-expected job growth meant a rate cut by the US Federal Reserve was more likely.

But the US unemployment rate remained at 3.6%, its lowest level for 50 years.

The US dollar fell more than 0.4% against the pound, the euro and the yen after the jobs figures were published.

Please Log in or Create an account to join the conversation.

More
2 months 1 week ago #122777 by GoldnBoy
GoldnBoy replied the topic: North American economy in retreat
Good update on bond markets and interest rates

On Pace for $1.5 trillion in new U.S. debt. Could be pressure for higher corporate rates.
Has Fed manipulation put risk of unwind in markets?
Never seen this in history before, can't seem to ease much QE
3.2% seemed to be ceiling for economy
Developed world did not cleaned up balance sheet in last down turn, but increased it

Please Log in or Create an account to join the conversation.

More
2 months 2 weeks ago #122763 by Gambler
Gambler replied the topic: North American economy in retreat
Obvious I did not look

U.S. Added 263,000 Jobs in April; Unemployment Rate at 3.6%

The economy produced another strong month of growth, and the jobless rate fell to the lowest level of the recovery.

www.nytimes.com/2019/05/03/business/econ...bs-report-april.html

Please Log in or Create an account to join the conversation.

More
2 months 2 weeks ago #122760 by Gambler
Gambler replied the topic: North American economy in retreat
I have not looked at the cards yet, but will go low 155k

Please Log in or Create an account to join the conversation.

More
2 months 2 weeks ago #122757 by GoldnBoy
GoldnBoy replied the topic: North American economy in retreat
seems we more often get surprises to the upside so I will guess 245k

Please Log in or Create an account to join the conversation.

More
2 months 2 weeks ago #122756 by alexgreat
alexgreat replied the topic: North American economy in retreat
US jobs number today, consensus is 181k I go with 220k

Please Log in or Create an account to join the conversation.

More
3 months 8 hours ago #122615 by Gambler
Gambler replied the topic: North American economy in retreat
PMI data showed the German manufacturing sector contracting for the fourth month in a row, pushing investors into the safety of eurozone government bonds. While activity in Germany's services sector rose to a seven-month high in April, the focus surrounded the 44.5 reading for the manufacturing sector, well below the 50.0 mark that separates growth from contraction. The reading comes a day after Germany slashed its 2019 growth forecast to 0.5%

Please Log in or Create an account to join the conversation.

More
3 months 1 week ago #122540 by Gambler
Gambler replied the topic: North American economy in retreat
GB, you get the prize, pretty close, came in at 196k
www.nytimes.com/2019/04/05/business/jobs...mployment-march.html

Please Log in or Create an account to join the conversation.

More
3 months 1 week ago #122539 by DearJohn
DearJohn replied the topic: North American economy in retreat
I will be the doom and gloom guy with 80,000. Trade problems, retail layoffs

Please Log in or Create an account to join the conversation.

More
3 months 1 week ago #122538 by GoldnBoy
GoldnBoy replied the topic: North American economy in retreat
Guys, don't forget about the masters of economic data. The Fed does not like to see the inverted yield curve that a bad number will cause or add to it. Don't forget about seasonal adjustments and birth/death rate that they can use to give a number over 200k. So I guess 210,000

Please Log in or Create an account to join the conversation.

Moderators: RonS
Time to create page: 0.305 seconds
© 2019 Playstocks.net. All Rights Reserved. Designed By JoomShaper