April Philadelphia FED General Business Conditions Index At 18.5
Philadelphia FED General Business Conditions Index fell from 43.4 to 18.5. Consensus was at 36.9.
As I wrote march reading was clearly an outlier, so this is a kind of normalization.
Archive for April 21st, 2011
Moody’s/REAL National Commercial Property Index Fell 3.3% In February
Moody’s/REAL National Commercial Property Index fell 3.3% in February and it is now running at -4.9% y-o-y.
Daily Reading – Thursday, April 21, 2011
*** JESSE’S CAFÉ AMÉRICAIN: Silver: Eligible Versus Registered and About That Big Inventory Change at Scotia Mocatta ***
*** JESSE’S CAFÉ AMÉRICAIN: Gold Daily and Silver Weekly Charts – The Sagging Dollar and Blythe’s Twisted Knickers ***
*** FT Alphaville: Barber-ians at the (Greek) gate ***
*** FT Alphaville: Greece is gonna get those restructuring whisperers ***
*** FT Alphaville: QEnding: rates and fates ***
*** FT Alphaville: Say goodbye to Anglo Irish ***
*** Condor Options: Why I’m Not Worried About VIX Derivatives ***
*** The Big Picture: If You Don’t Own Apple Products, Can You Be An AAPL Investor? ***
*** The Big Picture: How to Read National Association of Realtors News Release ***
*** Streetwise Professor: Don’t Blame Me! Blame Those Damned Speculators! ***
U.S. Initial Jobless Claims At 403.000; Down 13.000
Initial jobless claims in the U.S. were reported at 403.000 vs. 390.000 consensus and last week revised (up 4.000) reading of 416.000.
Four week moving average rising.
VIX At Lowest Level Since June 2007
Back to 2007.
U.S. Petroleum Weekly – April 21, 2011
Goldman will certainly have a good explanation how in a depressed demand environment stockpiles are falling in a oversupplied market.