AnimeSuki Forum - View Single Post

willx · 2012-12-17, 16:53

Since this thread has been dead for a while, thought I'd pop in here with some non-China related items, since people are trying to move that all into it's own thread. I'm also tired of talking about China in general.. there's too much emotion and not enough coldhearted analysis..

So latest economic bulletin today is showing a slight uptick in the longer-dated gov't bond yields for Canada with significant moves in the U.S. Particularly in the 10-30 year yields which moved up sharply in the U.S. showing a steepening yield curve. This is in spite of QE3 continuing, or QE Infinity ~ redux, whatever you want to call it.

Economic data out of the U.S. has been disappointing with the Empire Manufacturing Index at a whopping -8.1 vs. consensus estimate of -1.0. This is the fifth consecutive month of contraction in manufacturing activity. Despite this data, equity markets are up, in particular money center banks and financials.

Significant amounts of data/reports are coming up the rest of this weak, notably Housing Starts, Crude Inventories and a slew of unemployment claims/spending data:

http://www.finviz.com/calendar.ashx

Reply hazy, ask again later

2012-12-17, 16:53	Link #78
willx Nyaaan~~ Join Date: Feb 2006 Age: 40	Since this thread has been dead for a while, thought I'd pop in here with some non-China related items, since people are trying to move that all into it's own thread. I'm also tired of talking about China in general.. there's too much emotion and not enough coldhearted analysis.. So latest economic bulletin today is showing a slight uptick in the longer-dated gov't bond yields for Canada with significant moves in the U.S. Particularly in the 10-30 year yields which moved up sharply in the U.S. showing a steepening yield curve. This is in spite of QE3 continuing, or QE Infinity ~ redux, whatever you want to call it. Economic data out of the U.S. has been disappointing with the Empire Manufacturing Index at a whopping -8.1 vs. consensus estimate of -1.0. This is the fifth consecutive month of contraction in manufacturing activity. Despite this data, equity markets are up, in particular money center banks and financials. Significant amounts of data/reports are coming up the rest of this weak, notably Housing Starts, Crude Inventories and a slew of unemployment claims/spending data: http://www.finviz.com/calendar.ashx Reply hazy, ask again later