Wednesday , July 24 2024
Home / The Angry Bear / New Deal democrats Weekly Indicators for June 3 – 7 2024

New Deal democrats Weekly Indicators for June 3 – 7 2024

Summary:
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha.  The stock market was conflicted by yesterday’s jobs report, but the bond market’s verdict was unequivocal: ignore the unemployment rate; it was a strong report which will stay the Fed’s hand from raising rates.  Meanwhile, coincident economic data in particular continues to look very expansionary. And the long leading indicator of corporate profits turned positive, as Q2 earnings are expected to be sharply higher. As usual, clicking over and reading will bring you up to the virtual moment as to the state of the economy, and reward me a little bit for organizing it and presenting it to you. Bonddad Blog New Deal democrats Weekly Indicators for May 27 – 31

Topics:
NewDealdemocrat considers the following as important:

This could be interesting, too:

Angry Bear writes Washington Post Doesn’t Have Access to Data on US Energy Production?

NewDealdemocrat writes One more time: bifurcation in the jobs report, as Establishment Survey shows continued jobs growth, while Household Survey comes close to triggering the “Sahm Rule”

Bill Haskell writes Is the Economy Broken or Is It being Used?

NewDealdemocrat writes ISM weighted mfg.+ non-mfg. indexes warrant hoisting a yellow caution flag for the economy

 – by New Deal democrat

My “Weekly Indicators” post is up at Seeking Alpha

The stock market was conflicted by yesterday’s jobs report, but the bond market’s verdict was unequivocal: ignore the unemployment rate; it was a strong report which will stay the Fed’s hand from raising rates. 

Meanwhile, coincident economic data in particular continues to look very expansionary. And the long leading indicator of corporate profits turned positive, as Q2 earnings are expected to be sharply higher.

As usual, clicking over and reading will bring you up to the virtual moment as to the state of the economy, and reward me a little bit for organizing it and presenting it to you.

Bonddad Blog

New Deal democrats Weekly Indicators for May 27 – 31

Leave a Reply

Your email address will not be published. Required fields are marked *