By Gary Kaltbaum twitter@GaryKaltbaum Clinton, O’Malley, Sanders, Warren, the bond market (government, corporate and high yield), Reits, Utilities, Rails, Airlines, Truckers, Autos, Energy, Oil & Gas, Steel, Copper, Aluminum, Coal, Disk Drives, Food, Drugs, Beverages, Tobacco, Household Products, Housing, Retailers-(discounters, home improvement, drug stores, department stores, supermarkets), Emerging markets, Efa, Russia, Brazil, Taiwan (there are…
Source: http://davidstockmanscontracorner.com/red-capitalism-on-steroids-every-chinese-economic-indicator-falling-beijing-herding-the-masses-into-berserk-stock-market/?utm_source=wysija&utm_medium=email&utm_campaign=Mailing+List+AM+Wednesday
Source: http://davidstockmanscontracorner.com/more-keynesian-claptrap-from-the-imf-high-public-debt-doesnt-matter/?utm_source=wysija&utm_medium=email&utm_campaign=Mailing+List+AM+Wednesday
Good U.S. employers added 280k new jobs in May, beating estimates for 220k Personal Income rose at 0.4%, beating estimates for 0.3% The ISM manufacturing index came in at 52.8, beating estimates for 51.8. The PMI manufacturing index came in at 54, beating estimates for 53.8 Auto sales rose to 14.2M, beating estimates for 13.6M. It…
SOURCE: http://dailycaller.com/2015/06/04/noaa-fiddles-with-climate-data-to-erase-the-15-year-global-warming-hiatus/
Full Story: http://www.bloomberg.com/news/articles/2015-06-05/the-may-jobs-report-in-six-charts
Source: http://blogs.wsj.com/moneybeat/2015/06/05/may-jobs-report-everything-you-need-to-know/
Mainland and Hong Kong exchanges together far surpass U.S. in initial offerings this year HONG KONG—China has overtaken the U.S. this year as the world’s top venue for initial public offerings, riding a steady stream of small-cap listings in Shanghai and Shenzhen together with several multibillion-dollar brokerage IPOs in Hong Kong. Source: http://www.wsj.com/articles/chinas-ipo-market-leaves-u-s-in-the-dust-1433446985
Source; http://www.wsj.com/articles/why-american-pharoah-is-a-triple-crown-long-shot-1433496601
In a poll of 15 businesses, we have found out another employment number. (Bazinga!) And we finally got a tick up in the participation rate. Yippee! Pundits are falling all over each other saying NOW we have turned the corner for employment. As usual, we will have our extreme, over-the-top, in-depth, comedic weekend report for…
