Edited by .Blizzard, 06 March 2007 - 10:18 AM.
...Some Economic Data Released Today
Started by
.Blizzard
, Mar 06 2007 10:17 AM
3 replies to this topic
#1
Posted 06 March 2007 - 10:17 AM
U.S. Jan. pending home sales fall 4.1%
U.S. Jan. factory orders excluding transportation fall 2.9%
U.S. Jan. durable-goods orders down 8.7%, revised from -7.8%
U.S. Jan. core capital equipment orders fall 6.3%
U.S. Jan. factory inventories fall 0.2%
U.S. Jan. factory shipments fall 1.2%
U.S. Jan. factory orders fall 5.6% vs. -4.5% expected
U.S. productivity up 1.6% in 2006, lowest since '97
U.S.unit labor costs up 3.2% in 2006, highest in 5 years
U.S.unit labor costs up 3.2% in 2006, highest in 5 years
U.S. Q4 unit labor costs revised higher to rise 6.6% vs 1.7%
U.S. Q4 productivity revised lower to rise 1.6% vs. 3.0%
#2
Posted 06 March 2007 - 10:27 AM
Last week on Larry King, he asked the first lady, Laura Bush, why the President had not asked us to sacrifice for the troops and for the war effort, unlike previous wars and previous presidents.
Laura replied "Because the economy is so good. We don't need to worry"
The next day the stock market fell a zillion points.
mm
#3
Posted 06 March 2007 - 10:27 AM
we are just falling apart. We don't need to produce anything real, just trade stocks and make money. Hey hey, are we part of of the problem??
You are on your own. This is for demonstration only.
JV
JV
#4
Posted 06 March 2007 - 11:23 AM
Don't forget ...
The last 200 points on the DOW were caused by the Buy-back operations and M&A with the participation of the "dumb money"
The dow jones has topped out, IMO