Bernanke Elusive At Congress As Consumer Credit Hits 6 Month Low, June 2012 Jobless Claims Dismal, China Eases: Ben Bernanke didn’t give many clues as to whether he would like to implement QE3 or continue Operation Twist, as expected, when he spoke to Congress today. Bernanke did speak about the need for Congress to get…
May 19, 2012 Weekly Jobless Claims Data Suggests Month Will Be Weak -Unless the labor participation rate changes significantly again. Earlier in the year we were critics of those who claimed the labor force participation rate was skewing the unemployment data. The changes in the labor participation rate were marginal compared to recent weeks where…
Jobless Claims Data Suggests May 2012 Monthly Unemployment Report Could Be On Par With April: Initial jobless claims data fell marginally according to the government today and the slight decrease has investors worried that job trends are getting worse. Initial claims for unemployment benefits fell 1,000 to a seasonally adjusted 367,000 while the prior week’s…
March 2012 Pending Home Sales Rise While April 21, 2012 Jobless Claims Marginal – Fed Seen As Dovish: Pending Home Sales Rise 4.1 Percent In March 2012 The economic data is turning from mixed-positive to mixed. Pending home sales rose 4.1 percent for March 2012 the National Association of Realtors said today. This is the highest level…
Jobless Claims Fall For Week Ended March 31, 2012 To Lowest Level In Four Years: Investors wait for government employment data due out tomorrow. Jobless claims fell again this week as the gains in employment continue in the U.S. The number of Americans filing for first time claims fell by 6,000 to 357,000. Initial jobless…
