Quick takes on key economic data, Greece debt deal, U.S. earnings.
Archive for the ‘Corporate Earnings’ Category
Recap Jan 17-20, Preview Jan 23-27
Quick takes on key economic data, Fed meeting, Greece debt deal, U.S. earnings.
Recap Last Week, Preview Next Week
Quick takes on all key economic data, Europe, earnings.
3Q GDP Cut 2.5% to 2%: CHART 2001-2011
Same trend as previous quarters: 3Q growth slower than originally thought.
WeeklyBasis 10/29: Jobs, Fed, ECB Center Stage
Rates were even to end last week after +/- .25% daily swings, and are still up .25% from all-time record lows set October 3-4. Another huge week ahead: Fed and ECB rate meetings, October jobs report, lots more earnings, and Europe’s debt crisis slogs on. Below I recap last week, then preview what’s coming. And [...]
WeeklyBasis 10/22: HUGE Market Week Ahead
Rates dropped .125% last week but are still up .25% from all-time record lows set the week of October 3. Next week is huge for U.S. economic data, corporate earnings, and Eurozone debt crisis updates. I’ll quickly recap last week, then preview what’s coming. Also please note: loan limits weren’t increased in Washington last week, [...]
WeeklyBasis 10/15: Rates Up .375%
Rates rose .125% last week after a .25% climb the week before. Rates are up .375% in the past two weeks, but still extremely low. My WeeklyBasis prediction last week was even rates as markets “start with rates up slightly on perception of progress in Europe, then fade.” It didn’t fade yet but I also [...]
Rates Down. Mortgage Insurance Stats.
As debt ceiling legislation passes the House and heads to the Senate, the market’s attention turns to the fact that our economy is languishing, and thus rates are moving down. Yesterday the ISM manufacturing index, which is closely monitored for a gauge of manufacturing activity, plunged to 50.9 in July from 55.3 in June – [...]
Is U.S. Debt A Safe Haven For Its Own Downgrade?
Has U.S. government debt become a safe haven for its own downgrade? Some think so since mortgage (Fannie & Freddie) and Treasury bonds still look ok relative to other global options, but that theory has yet to play out. One thing for sure is that US banks are holding on to more cash and locking [...]
58 failed banks In 2011. More bank earnings.
When somebody begins a sentence with “It would be nice if…” the right thing to do is to wait politely for the speaker to finish. No project ever gets around to the “it-would-be-nice” features: or if they do, they regret it. Wait for sentences that begin, “We have to…”, and pay close attention, and see [...]
