96,000 Jobs Added In August 2012, Unemployment Rate Falls To 8.1 Percent Due To Labor Force Participation Rate Hitting 30 Year Low:
August 2012 non-farm payroll number increases calls for QE3.
According to the Bureau of Labor Statistics, the U.S. economy added a meager 96,000 jobs in August 2012. The slight increase in jobs was able to move [...]
Posts in category Fed Watch
96,000 Jobs Added In August 2012, Une...
96,000 Jobs Added In August 2012, Unemployment Rate Falls To 8.1 Percent Due To Labor Force Participation Rate Hitting 30 Year Low:
August 2012 non-farm payroll number increases calls for QE3.
According to the Bureau of Labor Statistics, the U.S. economy added a meager 96,000 jobs in August 2012. The slight increase in jobs was able to move [...]
Shorts Get Dressed In Draghi As Inves...
Shorts Get Dressed In Draghi As Investors Await Invariably Bad August 2012 Non-Farm Payroll Numbers Tomorrow:
Shorts were hit hard today as one of the most telegraphed bond buying programs in history was announced today. The details of the new bond-buying program from ECB President Mario Draghi were leaked yesterday yet some traders continu [...]
Ben Bernanke Doesn’t Deliver On...
Ben Bernanke Doesn’t Deliver On QE3 At Jackson Hole 2012 But Market Holds Steady:
Traders weren’t wrong today when they bet on Ben Bernanke not delivering on QE3. At the FOMC meeting at Jackson Hole 2012, Ben Bernanke once again hinted that more easing was possible but made no specific mention of when QE3 would be implemented. [...]
NASDAQ Drifts Lower As Little QE3 Tal...
NASDAQ Drifts Lower As Little QE3 Talk Expected From Bernanke At Jackson Hole 2012:
The U.S. stock market took a turn for the worst late in the afternoon session as investors look forward to the Jackson Hole 2012 meeting tomorrow. The probability Fed Chairman Ben Bernanke will announce a new round of quantitative easing has diminished among [...]
Fed’s August 2012 Beige Book Sa...
Fed’s August 2012 Beige Book Say’s Unemployment “Holding Steady or Growing Only Slightly” – No Easing Is Bad Signaling:
The Fed’s Beige Book for the month of August 2012 was unusually weak. Although some of the data showed strength compared to the prior Beige Book, most of the trends haven’t changed [...]
NASDAQ Set To Hit 11 Year High As ...
NASDAQ Set To Hit 11 Year High As ‘All Eyes On Ben’:
Stocks closed mixed today as investors pondered whether Ben Bernanke and the Fed might ease sooner rather than later. The arguments for the Fed easing sooner are based on its dual mandate of keeping the economy at full employment with low inflation. Inflation is uncharacteris [...]
Unemployment To Take Center Stage Bef...
Unemployment To Take Center Stage Before Jackson Hole, August 2012 Rally May Continue:
U.S. economic data is a bit better but not trending in a strong positive direction. Aside from housing, the overall economy is still extremely weak and home sales may be coming off of multi-year bottoms after an average price decrease that hasn’t ha [...]
Stocks Fall As Investors Reinterpret ...
Stocks Fall As Investors Reinterpret August-September 2012 QE3 Likelihood, Romney Says Bye-Bye Ben Bernanke:
Stocks continued the recent downtrend with the worst day of August 2012 as investors reinterpreted the FOMC meeting minutes. We believed the knee-jerk reaction of stocks rising after the Fed minutes stated QE3 was on the way “f [...]
Existing Home Sales July 2012 Rise 2....
Existing Home Sales July 2012 Rise 2.3 Percent, FOMC Meeting Minutes August State QE3 Coming “Fairly Soon”:
Remember those minutes are old….
Existing home sales rose in July showing the housing market has positive momentum and may have bottomed. Sales increased 2.3 percent to the seasonally adjusted level of 4.47 million u [...]
Industrial Production, NAHB Sentiment...
Industrial Production, NAHB Sentiment Up; QE3 Bets Decrease As Rangebound Trading Continues, Is That A Good Thing?
Traders stuck to the sidelines after getting mixed signals about the U.S. economy and the likelihood of QE3 this week. Retail sales numbers were up yesterday along with good news from Home Depot, but some short sellers remained [...]
