Category Archives: Empire State Manufacturing

Key Events In The Last Week Before Christmas

By silveristhenew | Published December 18, 2017

It might be the last full week before Christmas – with both newsflow and trading volumes set to slide substantially – but there’s still a few interesting events and data releases to look forward to next week. Among the relatively sparse data releases schedule, we get US GDP, core PCE, housing and durable goods orders […]

Also posted in Australia, Bank of Japan, business, China, Consumer Confidence, Consumer confidence index, consumer Price Index, Consumer Sentiment, Continuing Claims, CPI, Czech, Deutsche Bank, Economic indicator, Economy, Economy of the United States, European Central Bank, European Commission, European Union, Eurozone, Federal Government, flash, Germany, Gross Domestic Product, headlines, Hong Kong, Housing Market, Housing Starts, Hungary, inflation, Initial Jobless Claims, Japan, Kansas City Fed, macroeconomics, Michigan, Monetary Policy, NAHB, National accounts, New Home Sales, New Zealand, Norway, Personal Consumption, Personal consumption expenditures price index, Personal Income, Philadelphia Fed, Philadelphia Fed manufacturing, Price indices, Reserve Bank of Australia, senate, Switzerland, Trade Balance, U.S. House, University Of Michigan | Tagged france, Unemployment | Comments Off

Global Stocks Tumble, Asia Plunges On Chinese Commodity Carnage

By silveristhenew | Published November 15, 2017

The euphoria of the past month has ended with a thud and BTFDers are strangely missing as the commodity chill out of China (which overnight became full blown carnage), has unleashed a global risk-off phase ahead of today’s critical CPI data, resulting in broad and sharp selling across global markets, as European stocks followed declines […]

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New York Fed Manufacturing Surges To Highest In Three Years But Profit Margins Crushed

By silveristhenew | Published August 15, 2017

The August Empire State Manufacturing Index printed at a blistering 25.2, reversing last month’s plunge to 9.8, smashing expectations of a 10.0 print, and the highest print since September 2014. The surge was driven by the new orders index which rose seven points to 20.6 and the shipments index, which hit 12.4. Meanwhile, delivery times […]

Also posted in August Empire State Manufacturing, business, Capital Expenditures, Consumer Confidence, Economic Bubbles, Great Recession, New York Fed, Stock Market Crashes | Comments Off

Oil Surges After Saudis, Russians Agree To 9 Month OPEC Output Cut Extension; US Futures Flat

By silveristhenew | Published May 15, 2017

In an otherwise quiet session in which European shares dropped, Asian equities rose and S&P500 futures were little changed, crude oil surged above $49 on high volume, after the Saudi and Russian energy ministers said in Beijing they favor extending the OPEC production cut for 9 months, though the end of Q1 2018. WTI rose […]

Also posted in ANO Party, ASX 200, Auto Sales, Bank of England, Bloomberg Dollar Spot, BOE, Bond, business, CAD, Cartels, CDS, CDU party, China, Commodity markets, Conference Board, conservatives, Consumer Confidence, Consumer Prices, Consumer Sentiment, Copper, CPI, Crude, Crude Oil, DAX 30, Donald Trump, Economy, Energy crises, Energy economics, Equity Markets, European Central Bank, European Union, Federal Government, Fisher, fixed, flash, G20, G7, Germany, Gold Spot, Hang Seng 40, headlines, Hong Kong, Housing Market, Housing Starts, Initial Jobless Claims, Japan, Jim Reid, Lehman, M2, Michigan, Money Supply, NAHB, Nikkei, nikkei 225, North Rhine, NY FED, OPEC, Organization of Petroleum-Exporting Countries, petroleum, Petroleum (Industry), Petroleum politics, Philly Fed, Portugal, Price Action, Price Of Oil, Real estate, recovery, REITs, Reuters, Rolex, S&P 500, S&P/ASX 200, Saudi Arabia, Saxo Bank, the University of Michigan, Trade War, Turkmenistan, Twitter, U.S. Treasury, University Of Michigan, Vladimir Putin, World oil market chronology from, Yen | Tagged france, Global Economy, india, north korea | Comments Off

Is The Fed About To Drop The MOAB On Wall Street?

By silveristhenew | Published April 24, 2017

Authored by Michael Pento via PentoPort.com, Wall Street and our central bank are in for a rude awakening very soon! The idea that the US economy is on stable footing and about to experience a surge in growth is ridiculous. Hence, the consensus that the Fed can normalize interest rates and its balance sheet is […]

Also posted in "Michael Pento", Abenomics, Bear Market, business, China, CPI, Debt Ceiling, Deflation, Economy, Economy of the United States, Federal funds rate, Federal Reserve System, fixed, Housing Starts, inflation, macroeconomics, Monetary Policy, money, Neocons, North Atlantic Treaty Organization, Political debates about the United States federal budget, Purchasing Power, Reality, Recession, Rude Awakening, US Federal Reserve | Tagged goldman sachs | Comments Off

Global Stocks Slide, Futures Pressured As Bond Yields Jump To Highest Since June

By silveristhenew | Published October 17, 2016

World stocks started the week in the red Monday as the dollar touched a 7-month high and U.S. and European government bond yields climbed to their highest since June following the Friday speeches by Eric Rosengren and Janet Yellen which hinted the Fed’s next step could be to pursue a steepening of the TSY yield […]

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ZeroHedge: All Eyes On Yellen As Global Stocks Rebound Despite Brexit Fears, Record Low Yields

By silveristhenew | Published June 15, 2016

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Following MSCI’s second Chinese snub in as many years, when yesterday the indexer again decided not to include China in its EM index due to concerns over Chinese “market integrity”, there was some concern that Chinese stocks would tumble now […]

Also posted in Bank of England, Bank of Japan, Bond, British Pound, China, Copper, CPI, Crude, Equity Markets, European Union, Eurozone, Germany, Hong Kong, Italy, Japan, Jim Reid, Market Manipulation, Monetary Policy, Newspaper, NFIB, Nikkei, Price Action, RANSquawk, Reuters, Shadow Banking, Shenzhen, Trade Balance, Volatility, Yen, Yuan | Tagged default, france, Unemployment | Comments Off

ZeroHedge: US Recession Data Signals It’s A Very Short Road To Capital Controls

By silveristhenew | Published March 15, 2016

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Simon Black via SovereignMan.com, “Prosperity is like a Jenga tower. Take one piece out and the whole thing can fall.” That’s a direct quote from John Williams, the President of the San Francisco Federal Reserve Bank in a […]

Also posted in Federal Reserve Bank, Fox News, Great Depression, headlines, New York Fed, Reality, Recession, San Francisco Fed, White House | Tagged Federal Reserve, John Williams | Comments Off

10 Investor Warning Signs For 2016

By silveristhenew | Published December 15, 2015

Submitted by Michael Pento via Contra Corner blog, Wall Street’s proclivity to create serial equity bubbles off the back of cheap credit has once again set up the middle class for disaster. The warning signs of this next correction have now clearly manifested, but are being skillfully obfuscated and trivialized by financial institutions. Nevertheless, here […]

Also posted in "Michael Pento", Baltic Dry, Bond, CRB, CRB Index, Dallas Fed, EuroDollar, Federal Tax, GAAP, Market Crash, Monetary Policy, Money Supply, Next Stock Market Crash, Nominal GDP, Recession, recovery, Richmond Fed, Salient, Tax Revenue, TED Spread, Yield Curve | Tagged Global Economy, Unemployment | Comments Off

Empire State Manufacturing Misses: New Orders Slide To 16 Month Lows, Capex Plunges

By silveristhenew | Published March 16, 2015

At 6.90, Empire State Manufacturing missed expectations of 8.00 (and dropped from the previous 6.9 print) for the 2nd weakest print in 11 months. While New Orders tumbled back into the red (and 16-month lows), average workweek and number of employees rose markedly (making this survey once again seem a total farce). "Hope" for the […]

Also posted in Capital Expenditures | Comments Off