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Posts Tagged ‘ Misc ’

Misc: Chicago PMI increases slightly, Consumer Confidence up, CoreLogic 60,000 Foreclosures in June

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Misc: Chicago PMI increases slightly, Consumer Confidence up, CoreLogic 60,000 Foreclosures in June

Some earlier news … • From Chicago ISM: Chicago Business Barometer gained incrementally The PMI increased to 53.7 from 52.9. Expectations were for a decrease to 52.5. The employment index decreased to 53.5 from 60.4, and new orders increased to 52.9 from 51.9. • From Reuters: Consumer confidence rises in July The Conference Board,...
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Misc: Jobs, Greek Bailout, REO and More

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Misc: Jobs, Greek Bailout, REO and More

Let’s start with jobs … • From the NY Times: White House Expects Persistently High Unemployment The White House budget office forecast on Thursday that unemployment would remain at 9 percent through the 2012 presidential election year … Unemployment will not return to the 5 percent range until 2017, the budget office said, reflecting...
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Misc: Oil, Gasoline, Libya

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Misc: Oil, Gasoline, Libya

• Libya From McClatchy: Huge explosion levels key Libyan rebels’ arms depot From al Jazeera: Live Blog – Libya March 5 From the NY Times: Battle in Libya for Strategic Town Kills at Least 13 • Ronald White at the LA Times: California’s average gas price is highest in U.S., .845 a gallon On...
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Misc: Another Solid Manufacturing Survey, Mortgage Rates Fall, Libya Updates

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Misc: Another Solid Manufacturing Survey, Mortgage Rates Fall, Libya Updates

• From the Kansas City Fed: Manufacturing activity matched an all-time survey high in February The month-over-month composite index was 19 in February, up from 7 in January and 14 in December. This reading matched all-time survey highs reached several times from late 2003 to early 2005. … The production index rose to 23,...
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Misc: Ernst & Young accused of fraud, Banks accused of illegal break-ins

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Misc: Ernst & Young accused of fraud, Banks accused of illegal break-ins

Two stories: Lehman’s accounting was fishy. The other is a real fish story … • From the NY Times DealBook: Cuomo Sues Ernst & Young Over Lehman The New York attorney general on Tuesday sued Ernst & Young, accusing the accounting firm of helping Lehman Brothers, its client, “engage in a massive accounting fraud”...
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