The Bonddad Blog

Still nerdy after all these years

Saturday, October 22, 2011

Weekly indicators: contraction abates edition

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- by New Deal democrat In monthly reports, September's Leading Indicators were reported up 0.2. Despite the fact that this index has ...
Friday, October 21, 2011

Slow uptrend looks intact

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- by New Deal democrat In the last week we got three important points of data for September, each consistent with the continuation of a sl...

The Beige Book, Pt. II

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From the Federal Reserve: Consumer spending was up slightly in September. The majority of Districts reported increases in auto sales, wit...

Morning Market

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The markets are still in a holding pattern as evidenced by the charts below: Equities, bonds and the dollar are all in a tigh...
Thursday, October 20, 2011

Food Prices Are Still A Concern

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From the last CPI release: The food index, which rose 0.5 percent in August, increased 0.4 percent in September. The index for food at ho...

The Biege Book, Part I

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Yesterday, the Federal Reserve released the Beige Book .  This is one of my favorite economic pieces of information because, every 6 weeks, ...

Morning Market

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Yesterday, I noted the markets were continuing in their period of consolidation -- a pattern which continued throughout yesterday's trad...
Wednesday, October 19, 2011

The Automation Issue

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From Reuters For decades, American workers and their machines advanced in tandem. As companies invested in technology, more workers we...

The EU Situation, the Dollar and the Euro

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The chart above is a simple line chart of the dollar and the euro over the last few months.  Notice the near inverse relationship, especi...

Empire State Manufacturing Index Still Weak

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From the NY Fed: The Empire State Manufacturing Survey indicates that conditions for New York manufacturers continued to deteriorate ...

Morning Market

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At the beginning of this week, I noted the markets were in a risk on trade posture; money was flowing into equities and out of treasuries.  ...
Tuesday, October 18, 2011

Bonddad Linkfest

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UK inflation over 5% Moody's threatens to lower France's credit rating Two Fed presidents differ on economic situation Greek aus...

Two Charts on Industrial Production

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Yesterday, the Fed released the industrial production numbers .  I hadn't looked at the data series in a few weeks, so I took another lo...

Two Charts That Deeply Concern Me

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China is now the engine that drives the world economy.  The first chart is the FXI -- or the ETF for China.  Notice it is near yearly ...

Morning Market

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Yesterday , I noted that with equities moving beyond the 50 day EMA in some cases, the next stop would be the 200 day EMA, although a ...
Monday, October 17, 2011

Bonddad Linkfest

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Anadarko settles with BP for $4 billion (read -- someone had a lot of liability outstanding on this one) Student debt situation likened to...

Any Rand -- Idiot Of the Highest Order

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From the Big Picture “There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged ...

Employment Thoughts

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Last week, I took an in-depth look at the employment situation (see here , here , here and here ).  After looking at the data, there are m...

Morning Market

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Right now, we're in the middle of a "risk on" trade.  Money is flowing into equities and out of treasuries.  Also of importanc...
Friday, October 14, 2011

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NDD is traveling this week, and I'm beat.  So, we'll see you on Monday.  Have a safe weekend.
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