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October non-farm payrolls expanded a stronger-than-expected 128,000 (estimate 85k), in a month when the GM strike reduced payroll growth by upwards of 42,000 and another 20,000 positions were lost to a shrinking census workforce. September’s job gains were revised 44,000 higher to 180,000, and August payrolls were revised up 51,000 to 219,000. At 3.6%, the […]
[Reuters] Stocks extend gains as October job growth slows less than expected [Reuters] Oil prices edge up, but set for big weekly loss on rising output, trade woes [CNBC] October job creation comes in at 128,000, easily topping estimates even with GM auto strike [CNBC] A private survey shows China’s manufacturing activity expanded in October, […]
This week we review the price movements of gold, silver, palladium and more in reference to the FED’s decision to cut rates once again for what they say are “purely technical reasons”. [thrive_leads id=’26614′]
[Reuters] Stocks drop as U.S.-China trade worries resurface [Reuters] Oil prices dip as U.S. crude stocks and demand outlook weigh [Reuters] U.S. consumer spending rises moderately, wages flat [Reuters] China’s factory activity shrinks for sixth month as trade war clouds outlook [Reuters] China’s probe of rural bank chief renews worries over small banks’ health [Reuters] […]
[Reuters] Wall Street slightly higher; Fed decision looms [Reuters] Gold firms as investors await Fed verdict [CNBC] US GDP rose 1.9% in the third quarter, vs 1.6% growth expected [AP] U.S. private sector job growth picks up in October: ADP [AP] Fed is expected to cut rates but may offer little guidance [Reuters] With balance […]
All markets are now correlated – Rising now means plunging later Enron II? Private equity bundled for future disappointment Is your 401k in a “target date fund”? If so you are the sucker The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick If It Walks and Talks Like Recession, Call It “Recovery” October […]
[Reuters] Stocks cling to gains on trade hopes, mixed earnings weigh on Europe [Reuters] China lifts yuan midpoint to strongest level in over 2 months [Reuters] Three-peat? Fed copies 1990s playbook in bid to avert a downturn [Reuters] Brexit election nears as UK opposition backs early poll [AP] China accuses US of ‘economic bullying’ over […]
[Reuters] Shares near two-month highs on hopes of trade deal, Fed cut [Reuters] EU nations agree Brexit delay until January 31 as PM Johnson seeks election [Reuters] Argentine cenbank will do all possible to protect reserves – Sandleris [Reuters] Argentina’s Peronists sweep back into power as Macri ousted [Reuters] Comeback queen: Argentina’s fiery ‘Cristina’ stages […]
