North American economy in retreat

More
1 week 5 days ago #123486 by RonS
RonS replied the topic: North American economy in retreat
This guy explains the current market risk very well and easy to understand

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

More
1 week 5 days ago #123484 by alexgreat
alexgreat replied the topic: North American economy in retreat
Lynnsa pulled this chart from your link.. Export orders are crashing to 2007 levels
Attachments:

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

More
1 week 5 days ago #123483 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released Tuesday showed. Figures below 50 indicate the manufacturing economy is generally shrinking. The group’s gauge of new orders dropped to a more than seven-year low, while the production index hit the lowest since late 2015.

www.bloomberg.com/news/articles/2019-09-...-time-in-three-years

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

More
1 month 2 weeks ago #123233 by alexgreat
alexgreat replied the topic: North American economy in retreat
Interest read by Mike Hudson, here is a tidbit

Fast forward to today: Indebted students graduate with an obligation to pay so much education debt that they cannot qualify for mortgages to buy homes of their own. Marriage rates are down, U.S. home ownership is plunging, and rents are rising. Automobile debt also has soared, leading to rising default rates second only to student debt defaults. The overhang of junk-mortgage debts that crashed the economy in 2008 remains on the books of families who managed to survive the ten million foreclosures under the Obama bailout of Wall Street. (His constituency turned out to be his Donor Class, not the junk-mortgage victims among his voters. He characterized them as “the mob with pitchforks” to the banksters he invited to the White House to celebrate his bailout.)

By driving down interest rates, the Fed’s policy of Quantitative Easing has subsidized an enormous debt buildup without increasing the interest burden proportionally. This has enabled corporations to carry much higher debt and even indulge in leveraged buyouts and stock buyback programs.

www.nakedcapitalism.com/2019/07/michael-...ings-writedowns.html

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

More
2 months 1 week 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
3 months 4 days 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
3 months 5 days 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
4 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
4 months 1 week 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
4 months 1 week 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
4 months 1 week 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
4 months 1 week 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.

Moderators: RonS
Time to create page: 0.311 seconds
© 2019 Playstocks.net. All Rights Reserved. Designed By JoomShaper