Initial Jobless Claims drop to 45-year low
Those filing Initial jobless claims in the prior week dropped to 215k, below consensus expectations of 230k and to the lowest level since January 1973. Those filing Continuing Jobless Claims…
Read MoreStill not worried about flattening yield curve
The macro fear of a flattening in the U.S. Treasury (UST) 2-10-year yield curve is aggressively making the rounds again today as a reason to be cautious toward the equity…
Read MoreUncertainty whoosh creates opportunity
The old Wall Street go-to saying in times of trouble is, “Markets don’t like uncertainty.” While true, when 1) our positive fundamental core thesis is firmly in place driven by…
Read MoreDurable Goods Orders blow past estimates
The Durable Goods report was much better than expected.
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Slight uptick in those filing initial jobless claims. Continuing claims drop to a 44-year low
Initial Jobless Claims increase while Continuing Claims continue to move lower.
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Existing home sales rebound
U.S. existing home sales data surpassed estimates for the month of February.
Read MoreMichigan Sentiment surges in March
Consumer sentiment surged higher in March, to 102.0, blowing past expectations of 99.3.
Read MoreStronger Industrial Production Data
Industrial Production rose 1.1% for the month of February, beating consensus expectations which called for a more modest increase of 0.4%.
Read MoreHomebuilder confidence eases in March
The National Association of Home Builders Index declined to 70 in March from a revised 71 in the prior month.
Read MoreProducer prices continue to rise
U.S. producer prices increased for the month of February.
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