Chicago ISM
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3/31/11 Midnight Report: On Opening Day, Fed Continues to Take Economy Out to the Bawl Game
The market was relatively quiet today as investors brace themselves for tomorrow’s Labor Force Participation Rate Report, Money McBags means Jobs Report, from the (No) Labor Department which will likely be more fictitious than a James Frey memoir, a Jayson Blair news story, or Ryan Seacrest’s girlfriend (at least the girlfriend who supposedly pees sitting…
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7/30/10 Midevening Report: GDP goes down again, claims it likes the taste
The big macro news today was that GDP slowed to 2.4% growth in Q2, that is until it’s revised down next Q to keep up with the administration’s “hold the shock and hope for no awe” strategy. This strategy was further evident in today’s release as GDP from the past 3 fucking years was revised…
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2/26/10 Midafternoon Report: AIG loses more in Q4 than entire GDP of Malta, warns Botswana they’re up next
The market is a bit mixed today like the drug cocktail found in Brittany Murphy’s stomach. Sales of existing homes dropped for the second consecutive month, this time by 7.2% which is the second largest decline ever and is creating more of a buyers market than the internet did for newspapers. The decline was caused…