(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) INFLATION DROPS March 16, 2012 Core Consumer Price Index (CPI) drops to 0.1% from prior 0.2%. Consensus was 0.2%. Stocks and bonds are taking encouragement from
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) BIGGEST SOVEREIGN RESTRUCTURING IN HISTORY March 9, 2012 Greece has now finally pulled off the biggest sovereign debt restructuring in history. A ton of economic data has been released in China today.
The U.S. Department of Labor just reported employment numbers for January. This number is known as ‘Mother of all numbers’. January non-farm private payrolls increased by 257k vs 168k consensus. There are several components to this number, but our models focus on non-farm private payrolls. The number was a blow