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[private]EU Commission business and consumer survey figures for July once again provided more sobering messages, with a clearer contraction being flagged in all Eurozone countries…Eurozone: Germany Contracting Too?[/private]
[private]Store sales, in the second of five retail-September weeks, continued on track with conservative forecasts. The ICSC/Goldman Sachs group, which had lagged last week, bounced back, while the Redbook group cooled down from a well-above-plan read more
[private][private]MARKET DATA AND THE OUTLOOK The two main economic indicators released during this light data week, both outperformed expectations. First, the ISM Non-Manufacturing Index registered a small increase in August, defying expectations of a small read more
[private][private]DE-USEW-9-2-11MARKET DATA AND THE OUTLOOK The economy failed to add jobs in August, with the Employment Report printing zero net gains. Even adjusting for special factors such as the Verizon strike doesn’t get us anywhere read more
[private][private]Jobs and Unemployment Nearing Labor Day—More or Less? · Implications for the Economy, Inflation, Profits · Implications for “Fed” and “Washington” Policies · Implications for the DE Baseline Forecast and Alternative Risk Scenarios · “Jackson read more