UOM/Reuters Consumer Sentiment For August At 69.6
UOM/Reuters Consumer Sentiment for August came out at 69.6 vs. 69.0 consensus and 66.5 July reading. Chart 1. University of Michigan/Reuters Consumer Sentiment
Archive for August 13th, 2010
U.S. Consumer Price Index Rose 0.3% In July
U.S. consumer price index rose 0.3% in July, right at the consensus. June reading was at -0.1%. Consumer price index fell less food & energy came out at 0.1%. The consensus was also at 0.1%, June reading was at 0.2%. Chart 1. U.S. Consumer Price Index
U.S. Retail Sales Rose 0.4% In July
Retail sales rose 0.4% in July . The consensus was at 0.5%, June reading was a decrease of 0.5%. Autos taken out, the figure was an increase of 0.2% right at the consensus. Prior reading at -0.1%. Gains came mostly from a 2.3% increase in gasoline station sales and 1.6 % rise in motor vehicle sales. Also […]
Who Was That Tough-Talking Economist?
To continue with fun things this morning… Paul Krugman’s New York Times op-ed column: Paralysis at the Fed. Ten years ago, one of America’s leading economists delivered a stinging critique of the Bank of Japan, Japan’s equivalent of the Federal Reserve, titled “Japanese Monetary Policy: A Case of Self-Induced Paralysis?” With only a few changes in […]
The Hindenburg Omen?
This is at least fun to read…and the name is great. The Hindenburg Omen (Wikipedia definition) is a technical analysis pattern that is said to portend a stock market crash. Zero Hedge post: The Hindenburg Omen Has Arrived. Granted, the Hindenburg Omen is not a guarantee of a crash, and the five criteria that must be […]