This page has been archived and commenting is disabled.
Today's Economic Data Highlights
Just one Fed survey today….
10:30: Dallas Fed manufacturing index for Sep…will it recover further? Two months ago, this index plunged sharply into negative territory, one of the worst readings during this period of slowing in US industrial activity. It recovered modestly in August, and analysts look for another move up toward the zero dividing line between growth and contraction. The guts of this survey have not been quite as bad as the headline, though hardly good. The index of production has been around zero through this period; the index of new orders has been around -8 to -9.
Median forecast (of 4): -7.0, ranging from -21 to -4; last -13.5.
via Ed McKelvey
»
- 1844 reads
- Printer-friendly version
- Send to friend
- advertisements -
Let's create our own news to make it interesting:
THE DOW TODAY GAINED 4560% ON A NORMAL TRADING SESSION, WHILE THE DOLLAR LOST ANOTHER 75% OF IT'S VALUE.
NOW, AS FOR THE WEATHER REPORT LET'S GO TO BARBIE
HELLO BARBIE!
Barbie: HELLO KEN!
Ken: YOUR LOOK REALLY FINE AGAIN BARBIE, I FEEL LIKE CRACKING MY NUTS ON YOUR ASS AGAIN!
Barbie: OH KEN!
Ken: OH BARBIE!
Barbie: WANNA GO TO MY DOLL HOUSE KEN? 500$ FOR 1 HOUR AND YOU CAN CRACK ANYTHING YOU WANT IN MY ASS!
Ken: COMMERCIAL BREAK!!!!
Barbie:OOOHHH
Ken: AAAAAHHHH
Barbie: OOOOOHHH
Ken: AAAAHHH
Barbie: OOOOOOHHH
Ken: AAAHHH
....
THX FOR WATCHING CNBC!!
It's a little early for sodomy.
shall we take gold over 1300
Since it is such a booooring news day, gotta give Tyler Durden(s) something to write about...
I'll buy some GC if you buy some GC...
I'm going to place my order with Ampex for one 1oz Gold Eagle at 10:00. Watch for the bump.
Perhaps the markets rally because of the latest news reports that not only has the economy recovered, but the deficits have been reduced as well!
Now, it is pre-election season, and we should expect the two major parties to each be claiming the oxymoronic credential that the other would be more of a total disaster, despite all evidence to the contrary.
In that vein, we hear that Obama has not only ended combat in Iraq, stopped torture at Bagram and Guantanamo, protected our rights by assuming government authority to covertly assassinate and imprison US citizens, but has reduced this year's federal deficit and saved trillions of dollars in the future.
Well, actually this fiscal year's savings are projected as are the future savings.
This year's federal budget deficit was smaller by 8.1 percent through August compared to the same eight months of 2009. It is on pace to total $1.3 trillion this year compared to $1.4 trillion in 2009.
http://www.pensitoreview.com/2010/09/14/obama-reduced-federal-deficit-by-103-6-bil-down-13-from-2009/