Friday

rffrydr · Posted: Mon Jul 31, 2006 1:44 pm Post subject: Friday

Outside of January, July posts the largest non-seasonally adjusted decline in hiring due to the shutdown at automobile plants, and the BLS has had difficulty in the past adjusting the seasonal factors to meet the varying demand of the auto industries. This year the downside risk is particularly evident given the weakness in auto sales.
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Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Fri Aug 04, 2006 9:40 am Post subject:

Good to see ya 'round again, GF. 1300 SP just a coincidence?

Yeah, UK mortgage apps up 30% over the depression last year and prices moving as well. Something tells me that this is not the model for the US--though sentiment is certainly leaning heavy on one side.

500 homes for sale in Vegas in the 450-600K; 40% of those....empty.

Goodfella · Veteran Poster Joined: 14 Oct 2005 Posts: 301

pounds on fire, plus weak housing market compared to the UK. im packing my bags Cool

rffrydr · Posted: Thu Aug 03, 2006 11:44 pm Post subject:

Before yesterday’s 26bps rate hike from the BOE, the markets were only pricing in a 28% chance for a 25bps rate hike at the meeting. Rising unemployment was one factor cited for the BOE overlooking the inflationary pressures, but with the statement accompanying the rate hike, the BOE cited the inflation outlook as their primary factor supporting higher rates.