Hey Mo,..Re:.****Off Topic****
The bond market liked the ECI numbers this morning! <g> Rates went from 5.58% all the way down to 5.50% in a flash!
204.71.198.61:443/925418496280?User=demo&Pswd=demo&DataType=GIF
The rest of the data show a strong economy, don't think we're going to see a slowdown anytime soon.
biz.yahoo.com
Jobless Claims = -20k to 294k
dol.gov
In the week ending April 24, the advance figure for seasonally
adjusted initial claims was 294,000, a decrease of 20,000 from the
previous week's unrevised figure of 314,000.
ECI 1Q = 0.4%
stats.bls.gov
On a seasonally adjusted basis, the 3-month increase in compensation costs for civilian workers (private nonfarm industry plus state and local government) was 0.4 percent during the December 1998-March 1999 period, following a gain of 0.7 percent in December.
New Home Sales for March = +2.1%
census.gov
Sales of new one-family houses in March 1999 were at a seasonally adjusted annual rate of 909,000 according to estimates released today by the U.S.Department of Commerce's Bureau of the Census and the U.S. Department of Housing and Urban Development. This is 2 (+/-9) percent above the revised February rate of 890,000 and 9 (+/-10) percent above the March 1998 rate of 836,000.
1Q GDP number tomorrow which should send the bond market back the other way! <vbg> (maybe) <g>
Thanks for the weekend articles. Especially liked the news about the Chinese yuan.
Best,
Lee |
