The Morning Call
12/3/21
The
Market
Technical
Thursday in the
charts.
Fundamental
Headlines
The
Economy
US
Weekly jobless claims were up 222,000 versus
estimates of up 240,000.
https://www.calculatedriskblog.com/2021/12/weekly-initial-unemployment-claims.html
November nonfarm
payrolls rose 210,000 versus expectations of up 550,000.
International
October EU retail sales were up 0.2%, in line.
The November Japanese
final services PMI was reported at 53.0 versus consensus of 52.1; the composite
PMI was 53.3 versus 52.5; the November Chinese final services PMI was 52.1
versus 53.0; the composite PMI was 51.2 versus 51.0; the November German final
services PMI was 52.7 versus 53.4; the composite PMI was 52.2 versus 52.9; the
November EU final services PMI was 55.9 versus 56.6; the composite PMI was 55.4
versus 55.8; the November UK final services PMI was 58.5, in line; the composite
PMI was 57.6 versus 57.7.
Other
The JP Morgan global manufacturing PMI was
off slightly in November.
https://www.markiteconomics.com/Public/Home/PressRelease/938c51c888bd41c0b5c0d81725abc6a9
Business cycle indicators as of 12/1.
https://econbrowser.com/archives/2021/12/business-cycle-indicators-as-of-december-1st-2
The
Fed
Thoughts on ‘transitory.’
https://www.pragcap.com/three-things-i-think-i-think-transitory-is-transitory/
Inflation
Food prices continue to soar.
https://www.zerohedge.com/commodities/global-food-prices-rise-again-hitting-new-decade-high
Bottom line
November dividends
by the numbers.
News on Stocks in Our Portfolios
What
I am reading today
Why the woke are the new
Victorians.
https://edwest.substack.com/p/why-the-woke-are-the-new-victorians
Third worldizing America.
https://townhall.com/columnists/victordavishanson/2021/12/02/third-worldizing-america-n2599978
Visit Investing
for Survival’s website (http://investingforsurvival.com/home)
to learn more about our Investment Strategy, Prices Disciplines and Subscriber
Service.
No comments:
Post a Comment