GDPNow will take a hammering today
January 2, 2025 at 3:52 PM
GDPNow will take a hammering today
Browsing the Skyline
December 2, 2024 at 3:42 AM
Browsing the Skyline
Good point. Market-based core PCE (excluding imputed prices like portfolio fees) coming in a lot closer to target recently.
November 27, 2024 at 4:16 PM
Good point. Market-based core PCE (excluding imputed prices like portfolio fees) coming in a lot closer to target recently.
Don't we need a Trump TS reposter on BlueSky?
November 26, 2024 at 3:58 AM
Don't we need a Trump TS reposter on BlueSky?
A strong activity index, but continued weakness in hiring. The hiring/employment index has been at 50 or below for 6 months now, with a big downshift in payrolls over the same period.
* Best services/composite PMI since 2022
* U.S SERVICES PMI (NOV) ACTUAL: 57.0 VS 55.0 PREVIOUS; EST 55.0
* U.S S&P GLOBAL COMPOSITE PMI (NOV) ACTUAL: 55.3 VS 54.1 PREVIOUS; EST 54.3
* U.S MANUFACTURING PMI (NOV) ACTUAL: 48.8 VS 48.5 PREVIOUS; EST 48.9
* U.S SERVICES PMI (NOV) ACTUAL: 57.0 VS 55.0 PREVIOUS; EST 55.0
* U.S S&P GLOBAL COMPOSITE PMI (NOV) ACTUAL: 55.3 VS 54.1 PREVIOUS; EST 54.3
* U.S MANUFACTURING PMI (NOV) ACTUAL: 48.8 VS 48.5 PREVIOUS; EST 48.9
November 22, 2024 at 3:10 PM
A strong activity index, but continued weakness in hiring. The hiring/employment index has been at 50 or below for 6 months now, with a big downshift in payrolls over the same period.
New vacancies still coming down but above pre-covid. Actual hiring (JOLTS) already below pre-covid rate and still falling. Hard to reconcile with booming consumption, but a big dilemma: is this whiplash from over-hiring in 2023 or something more sinister?
November 19, 2024 at 4:26 AM
New vacancies still coming down but above pre-covid. Actual hiring (JOLTS) already below pre-covid rate and still falling. Hard to reconcile with booming consumption, but a big dilemma: is this whiplash from over-hiring in 2023 or something more sinister?
Reposted by Altered Bagehot
If you’d told me in 2012 that the next 12 years would look like this, I wouldn’t have believed you.
November 17, 2024 at 8:09 PM
If you’d told me in 2012 that the next 12 years would look like this, I wouldn’t have believed you.
A few good months in the summer but overall not much improvement in inflation over the past 1-2 years.
November 16, 2024 at 4:15 PM
A few good months in the summer but overall not much improvement in inflation over the past 1-2 years.
Cabinet picks over the course of the last week
November 13, 2024 at 8:43 PM
Cabinet picks over the course of the last week