| Search by tag or site | Login to my blog ▪ Start my own blog |
 |
RVB's Market MusingsFrom engineer to Investment Management MBA student...generally my stream of conscious thoughts. Hope it's useful! |
New Economic Data Thoughts
Posted on 11/30/2006 00:00 AM | Link | Post Comment
From the stream of conscious thoughts desk:
Yesterday was "the big day" for the semester. Now I've three weeks to finish some reports and that's it. I expect my blogging will fill in the time gaps.
Today's PMI and jobless claims numbers are interesting. One data point does not make a trend, so I won't be writing that the world economy is collapsing. But, I'm not one to view the economy through rose-colored glasses either. I just go where the data leads me.
Our ASAP economic forecasting team has been neutral on the economy, but recognized that there was much more downside risk than up. We have been notably bearish towards housing and unemployment and continue to be.
My personal stance is that we're heading towards a mild '08 recession, similar to 1990. IF I am right, I hope it's far enough away so that finding a post-MBA job is still possible!
Yesterday was "the big day" for the semester. Now I've three weeks to finish some reports and that's it. I expect my blogging will fill in the time gaps.
Today's PMI and jobless claims numbers are interesting. One data point does not make a trend, so I won't be writing that the world economy is collapsing. But, I'm not one to view the economy through rose-colored glasses either. I just go where the data leads me.
Our ASAP economic forecasting team has been neutral on the economy, but recognized that there was much more downside risk than up. We have been notably bearish towards housing and unemployment and continue to be.
My personal stance is that we're heading towards a mild '08 recession, similar to 1990. IF I am right, I hope it's far enough away so that finding a post-MBA job is still possible!
- Quick Updates
- Quick Hit Thoughts
- Unit Labor Costs
- Are We In A Bear?
- Healthcare It Survey Just Released By Aha
- Ludwig von Mises Institute
- Credit Bloggers
- Wishing Wealth
- Don't Mess With Taxes
- Poor and Stupid
- Windy City Blues
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]
Hedge funds have made billions this year shorting the banks, [read more]
<< My Home | TheMoneyBlogs Home