Silver as an investment

Category Archives: Non-manufacturing ISM

Previewing The September “Hurricane-Disrupted” Jobs Report

Tomorrow’s hurricane-affected September jobs report will be… confusing. That is the (lack of) consensus from Wall Street analysts, who expect an average print of 80,000 (down from the 3-month average of 185K), however with huge variance on either side, with 4 economists predicting a loss of jobs, three expecting a print higher than 150K and […]

June Payrolls Preview: With The Fed On Autopilot, You Can Skip This One

After a poor March jobs report, followed by an April scorcher, then another debacle in May, the June payrolls report due at 8:30am will be… very much irrelevant, because as Citi pointed out earlier, the Fed is now data-independent and will keep hiking until financial conditions finally tighten (read: stocks drop). In other words, with […]

A Striking Chart

Submitted by Pater Tenebrarum via, The Economy and the Stock Market As long time readers know, we are always paying close attention to the manufacturing sector, which is far more important to the US economy than is generally believed. In terms of gross output it is the largest sector of the economy, and it […]

Eerie Calm Continues: Futures Flat Ahead Of Apple’s Latest Product Launch

The unprecedented period of low volatility, in which the S&P hasn’t moved more than 1% in either direction, is now well into its 40th day and the muted overnight session has done nothing to put this streak in jeopardy with S&P futures once again hugging the flatline ahead of the widely expected 3:30pm ramp. European […]

With US On Holiday, Global Stocks Rise As Dollar Sinks, While Fireworks Break Out In Crude

With the US taking the day off to celebrate the unofficial end of the summer, global markets have been relatively quiet, aside from the dramatic moves in the energy sector over the past few hours, where crude soared in early trading as reported previously on a much-hyped joint statement by the energy ministers of Saudi […]

What To Expect From Tomorrow’s Jobs Report And One Troubling Chart

Remember all those hyperbolic warnings over the years that “this is the most important jobs report” ever? Well, the one due out tomorrow may not be that, but it certainly is one of the most important ones in the past year, and one that will certainly have an impact if not on the Fed’s future […]

ZeroHedge: US Tax Receipts Signaling Recession?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Michael Shedlock via, US federal personal tax receipts receipts are falling fast. So is the Evercore ISI State Tax Survey. The last two times the survey plunged this much, the US was already in recession. Is it […]

ZeroHedge: “I Don’t Want To Alarm Anyone But…” – David Rosenberg Flips Again, Thinks We Are Headed For A Recession

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Back in 2013, when David Rosenberg infamously flip-flopped from bear to bull on the “thesis” that everyone’s wages (not just his), are about to rise, and that a jump in wage inflation would be the catalyst to unleash a broad […]

ZeroHedge: What Happens When The Fed Hikes During An Earnings Recession

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. At least until yesterday’s abysmal jobs report, there was – just like last December – a renewed sense of optimism that just because the Fed had gotten surprisingly hawkish in recent weeks (just like it did in November) starting with […]

ZeroHedge: What Wall Street Expects From Today’s Payrolls Report And How To Trade It

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. In what may be one of the least relevant payroll reports in a long time as the Fed already knows the labor market is doing better quantiatively (qualitatively it has been all about low-paying jobs gaining at the expense of […]