Tag Archives: quantitave easing

Jobs Report: Good News and Bad News

Posted on August 5, 2012 by

The market was clearly thrilled with the +163K non-farm payroll (NFP) number on Friday morning.  Equity markets were up worldwide, as were most commodities.  The NFP number was much better than the consensus estimate of +100K, although the estimate of … Continue reading →

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Global Recession Increasingly Likely

Posted on July 7, 2012 by

Economic releases were mixed in the US last week, but the overall trend is decidedly bearish.  The ISM Index value dropped to 49.7, well below the consensus expectation of 52.5 and almost four points below last month’s reading of 53.5.  … Continue reading →

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Posted in Economic Indicators, Market Commentary, Market Timing, Summary Market Indicator Score | Tagged , , , , , , | 4 Comments