Market in Review 8/22/2024
MARKET REPORT (Unburdened by what has been) Amsterdam Bourse Day in Review: Today: (Kamalanomics: Govt-manipulated data with un-reported historic downward revisions to make the economy look more favorable): DATA: – US Manufacturing PMI Plunges To 8-Mo Lows – Flash US Services Business Activity Index at 55.2 (July: 55.0) – 2-month high – Flash US Manufacturing Output Index at 47.8 (July: […]
Market in Review 5/23/2024
MARKET REPORT Review: – NVIDIA +9% – Strong US PMI sent rate cut expectations lower: – US New Home Sales -4.7% Act 634k vs Exp 680k – Boeing down 8% on 2nd Qtr neg cash flow and no aircraft deliveries – Mixed European PMIs: France/UK miss, Germany beat – TSLA omits 2023 sales goal from […]
Market in Review 3/14/2024
MARKET REPORT Review: – US PPI rises most since August. Exp +0.3% Act +0.6% – Energy and food primary drivers – Core rate (Ex Food and Energy) Exp +0.2% Act +0.3% ALTHOUGH Prev +0.5% – YoY +1.6% from Jan +0.9% surpassing Exp +1.1% – US Retail Sales Exp +0.8% Act +0.6% – Jan upwardly revised […]
