CalculatedRisk @ December 12, 2011 # Comments Off
A depressing column from Paul Krugman at the NY Times: Depression and DemocracyLet’s talk, in particular, about what’s happening in Europe — not because all is well with America, but because the gravity of European political developments isn’t …
CalculatedRisk @ December 11, 2011 # Comments Off
There will be a one day meeting of the Federal Open Market Committee (FOMC) on Tuesday, December 13th. The FOMC statement will be released around 2:15 PM ET on Tuesday.
Although there are several topics currently being discussed – such as adding a pr…
CalculatedRisk @ December 11, 2011 # Comments Off
Earlier:
• Summary for Week ending Dec 9th
Retail sales for November is the key report this week. For manufacturing, the December NY Fed (Empire state) and Philly Fed surveys, and the November Industrial Production and Capacity Utilization report w…
CalculatedRisk @ December 10, 2011 # Comments Off
This was a light week for economic data and most of the focus was on Europe.
The good news included fewer initial weekly unemployment claims, an increase in consumer sentiment and an increase in rail traffic. However the ISM non-manufacturing index w…
CalculatedRisk @ December 9, 2011 # Comments Off
The preliminary December Reuters / University of Michigan consumer sentiment index increased to 67.7, (typo corrected) up from the November reading of 64.1.
Click on graph for larger image.
Consumer sentiment is usually impacted by employment (and…
CalculatedRisk @ December 8, 2011 # Comments Off
The DOL reports:
In the week ending December 3, the advance figure for seasonally adjusted initial claims was 381,000, a decrease of 23,000 from the previous week’s revised figure of 404,000. The 4-week moving average was 393,250, a decrease of 3,000 f…
CalculatedRisk @ December 5, 2011 # Comments Off
Over the weekend, the WSJ had an article about a new communication strategy at the Fed: Federal Reserve Prepares to Make Itself Perfectly Clear
Here are some related comments from Chicago Fed president Charles Evans today: A Risk Management Approach t…
CalculatedRisk @ December 5, 2011 # Comments Off
From Jon Hilsenrath and Luca Di Leo at the WSJ: Federal Reserve Prepares to Make Itself Perfectly ClearThe Fed has been working on revamping its communication strategy for months. … Informally, the Fed already has made clear it wants the annual infla…
CalculatedRisk @ December 3, 2011 # Comments Off
Earlier:
• Summary for Week ending Dec 2nd
European policymakers are meeting again this week, and an announcement of additional measures is expected by Friday, December 9th.
This will be a light week for economic releases. The key economic release…
CalculatedRisk @ December 2, 2011 # Comments Off
Here are the earlier employment posts:
• November Employment Report: 120,000 Jobs, 8.6% Unemployment Rate
• Employment Summary, Part Time Workers, and Unemployed over 26 Weeks
• NEW Employment graph gallery (fast, no scripting)
And a few more gr…