A lot of data for a short holiday week
Trading volumes will be low and investors attentions will be focused elsewhere than the financial markets, but this is a week with a surprising amount of market news. Tomorrow, Tuesday December 31, China announces the official Purchasing Managers Index for...Saturday Night Quarterback (on a Sunday) says, For the week ahead expect…
...that the financial markets will attempt to use this week's truckload of economic data to establish a trend line for the economy--that looks beyond the U.S.-China and impeachment news noise. The data deliveries start on Tuesday with the Institute for Supply...China, U.S. economic data take gloss off of trade truce
Earlier this morning--11 a.m. New York time--the Standard & Poor's 500 stock index was up almost 1% on news that talks between President Donald Trump and President Xi Jinping had resulted in a trade truce and the resumption of talks aimed at ending the trade war...Trick or trend: Crucial pivot point approaches for U.S.manufacturing
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Sunday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. This week's...More signs of slower growth in industrial production, cardboard shipments, truck load volume
This morning an unexpected decline in U.S. industrial production (for March) led the parade of indicators pointing to a slowing economy. Industrial production in March fell 0.1%. This comes after a 0.1% increase in February. Economists surveyed by Briefing.com had...Numbers on factory orders and durable goods show economy remains in not-too-strong, not-too-weak Goldilocks track
Business investment remained weak according to this mornings report on durable goods. Orders for non-defense capital goods excluding aircraft--a measure of business investment--remained weak in February, falling 0.1% for the month. However, shipments of those...U.S. stocks take a beating as weak manufacturing index follows on Apple sales warning
Last night's warning from Apple that sales for the December quarter would be well below the company's earlier guidance bled into a weaker than expected reading this morning  from the Purchasing Managers Index for the Manufacturing sector. The ISM Manufacturing Index...U.S. stocks keep climbing but is the rally narrowing?
The major indexes were up today on Alphabet's (GOOG) huge quarter, reported yesterday. The Standard & Poor's 500 stock index closed ahead 0.48% and the Dow Jones Industrial Average was up 0.79% at the close. Alphabet itself finished the day with a gain of 3.53%....Economy strong in April, but not quite as strong as expansion closes in on a record
The Institute for Supply Management Manufacturing Index fell slightly in April. At 57.3 the index stays comfortably in the expansion mode (anything above 50) but shows a slight dip from 59.3 in March. Economists surveyed by Briefing.com had projected an index reading of 58.5.
Global manufacturing continues its strong run
The global economy just keeps on running in high gear. For the United States, today the ISM Manufacturing Index climbed to 59.7 for December, well above the 58.2 in November. (Economists surveyed by Bloomberg had expected a reading of 58.2 as well. In this index anything above 50 indicates that a sector is expanding.) This puts the index at the highest level in three months.