manufacturing

The following is an excerpt from John Hussman's latest Weekly Market Commentary. I noted last week that we are closing in on a syndrome of indications that has always and only appeared during or immediately prior to recessions. At present,…

At 10AM ET the The Federal Reserve Bank of Philadelphia released its general economic index. The data were not good as the index came in at 8 for June down from 21.4 the previous month. Because numbers above zero signal economic growth, the…

John Hussman is out with his latest weekly and he discusses... the ECRI Leading Indicators of course. Everyone is talking about these numbers.  He is bearish, but as I have also noted the ECRI data are not yet predicting…

Highlights The US dollar is mixed in choppy trading as yesterday’s sharp moves are consolidated.  The shallowness of the euro’s pullback suggests continued position squaring may be taking place.  Some short-term momentum players…

By Comstock Partners In our comment of April 22nd we said that the impression that the economy was undergoing a normal economic recovery was highly misleading, and outlined a number of key economic series that supported our case that the…

We have seen a host of manufacturing sector data over the past few days. Most of it has been pretty good and the data demonstrate that the global recovery has continued. Nevertheless, reviewing the data from the US, Europe, China and…

Asian stocks fell as China released a bearish manufacturing report this morning. Added to this bearish news out of China is a spate of negative credit ratings news in Europe (Spanish Bank CAM, Brussels regional government, etc) and a…

U.S. Car Sales Climbed 20% in April - WSJ.com UK manufacturing grows at fastest pace in 15 years - Telegraph Chinese Manufacturing Growth Slows, Survey Shows - Bloomberg.com Top 50 Business Books, ‘Animal Spirits’ to ‘What the Dog Saw’ -…

The April 2010 Manufacturing ISM Report On Business® showed across the board strength in US manufacturing. The index hit 60.5 percent, a 6 year high and well above the 50 percent demarcation line between recession and recovery. The…

Canada reported a larger than expected trade surplus earlier today.  At C$0.8 bln, it was four times larger than expected and the December figures were revised to show a C$0.1 bln surplus instead of a C$0.2 bln deficit.  Canada…