Year-over-year most money supply measures for key countries are still showing solid-to-too-strong growth. The UK is at 11% and the US at 7.8% compared to Japan at 2.8% and EMU at 5.3%. But the developing story is the decay in monetary [...]
- Global| Sep 25 2009
Money Supplies: Weakening, Surprise!
- Global| Sep 25 2009
U.S. Durable Goods Orders Decline Unexpectedly During August But Short-Term Trend Firms
Durable goods orders declined unexpectedly last month and reversed half of the little-revised 4.8% jump during July. Virtually all of the August decline reflected lower orders for transportation equipment which gave back half of a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 25 2009
U.S. Durable Goods Orders Decline Unexpectedly During August But Short-Term Trend Firms
Durable goods orders declined unexpectedly last month and reversed half of the little-revised 4.8% jump during July. Virtually all of the August decline reflected lower orders for transportation equipment which gave back half of a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 24 2009
U.S. Mass Layoffs Recover M/M And Are Up By Nearly One-Half From Last Year
The U.S. Labor Department reports figures covering mass layoffs which involve at least 50 initial claimants from a single establishment filing during a consecutive 5-week period. They include short-term layoffs of 30 days or fewer. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 24 2009
U.S. Existing Home Sales Unexpectedly Fall Along With Prices
The National Association of Realtors reported that August sales of existing homes unexpectedly fell following four consecutive months of increase. The 2.7% m/m decline to 5.100M units (SAAR) nevertheless left sales still near the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 24 2009
Germany's IFO Continues Steady Gain; Still Pessimists Deride Result
A slower pace of improvement in September - The pace of improvement in the diffusion and headline index barometers for Germany’s IFO are slowing their rate of gain this month. After averaging increases of 3.3 points per month since [...]
- Global| Sep 24 2009
U.S. Initial Claims For Jobless Insurance Near Cycle Low But Continuing Claims Hold Steady
Initial claims for jobless insurance continue to suggest labor market improvement. The Labor Department indicated that last week claims fell 21,000 to 530,000. It was the fourth decline in the last five weeks and left claims near [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Sep 24 2009
U.S. Initial Claims For JoblessInsurance Near Cycle Low But Continuing Claims Hold Steady
Initial claims for jobless insurance continue to suggest labor market improvement. The Labor Department indicated that last week claims fell 21,000 to 530,000. It was the fourth decline in the last five weeks and left claims near [...]
by:Tom Moeller
|in:Economy in Brief
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