Weekly Initial Unemployment Claims Increase

February 25, 2016 — The Department of Labor today released the Weekly Unemployment Claims.  In the week ending February 20th, the advance figure for seasonally adjusted claims was 272,000. This was an increase of 10,000 from the previous week.  The market consensus for the week was 270,000.  Essentially the number was right on. The job numbers continue to be a …

Existing Home Sales

February 23, 2016 – From the National Association of Realtors: Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, inched 0.4 percent to a seasonally adjusted annual rate of 5.47 million in January from a downwardly revised 5.45 million in December. Sales are now 11.0 percent higher than a year ago – the largest …

Will China Stop the Economic World?

February 8, 2016 – We have continually heard about the hard landing coming from the likes of China. It has not materialized, but will it? While our 144 character world would like any easy explanation, only a more difficult one will be forthcoming. The root of the China’s problems stems from the political system that they are trying to deal …