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 and the all-important jobs…
June 2012 Unemployment Report Shows Dismal 80,000 New Jobs Added: June 2012 jobs growth was exceptionally low. May 2012 unemployment came in at 69,000 and June followed the lackluster growth with and addition of 80,000 new jobs added. We believe this increases the likelihood the Federal Reserve Bank will add more liquidity in the financial…
The June 2012 Unemployment Report Is The Most Important Data Point That Could Lead To QE3: Last time we told our readers to stay focused on an unemployment report, markets fell sharply after the news was announced. Since then an extended ‘Operation Twist’ occurred which we predicted, China lowered interest rates for the first time…
Fed Keeps Rates Unchanged March 13, 2012: Stocks Breakout of Rangebound Trading – NASDAQ Clears 3,000: The Federal Reserve bank left rates unchanged today but changed their language regarding the U.S. economy. We have claimed for the last few weeks that the economy has been getting stronger and today the Fed acknowledged that the U.S.…
Market Looking Forward to Operation Twist But What About Europe? “Operation Twist” and/or additional easing could mitigate European contagion effects. The Federal Reserve will begin a special two day session this week with the intent of finding new ways to help the U.S. economy grow. The market is expecting some easing measures but not necessarily…
