Title : The Market And Energy Page, Part 2, T+230 -- September 7, 2017
link : The Market And Energy Page, Part 2, T+230 -- September 7, 2017
The Market And Energy Page, Part 2, T+230 -- September 7, 2017
Disclaimer: this is not an investment site. In addition, the mixing of facts and opinions is a recurring feature on the blog. If something on the blog seems wrong, it probably is. If this information is important to you, go to the source.Wow, catching a wave. US "final estimate" of 2Q17 productivity rose 1.5 percent vs the 1.3 percent increase expected. This is leaving the CNBC crowd perplexed; not supposed to happen. The government also revised up a 2Q17 GDP growth to 3.0 percent from a 2.6 percent pace. Labor costs: barely budged: up a paltry 0.2 percent. Compare with ObamaCare costs. LOL. A bunch of numbers at the link but bottom line: output per worker surged at a 4.0 percent rate, the fastest since the third quarter of 2014, after rising at a 1.8 percent at the start of the year.
What's the market doing with all this good news? Futures went from "red" to "green."
First time jobless claims: spike to nearly 300,000. Data points:
- at 298,000 -- the number jumped 62,000
- highest in five years
- driven by Hurricane Harvey
- the 4-week average rose to 250,250 but this week's number and the post-Irma number will eventually pull the 4-week average to new records
Thus Article The Market And Energy Page, Part 2, T+230 -- September 7, 2017
That's an article The Market And Energy Page, Part 2, T+230 -- September 7, 2017 This time, hopefully can give benefits to all of you. well, see you in posting other articles.
You are now reading the article The Market And Energy Page, Part 2, T+230 -- September 7, 2017 with the link address https://mylivemyidea.blogspot.com/2017/09/the-market-and-energy-page-part-2-t230.html
0 Response to "The Market And Energy Page, Part 2, T+230 -- September 7, 2017"
Post a Comment