Title : Thursday, February 28, 2019, T+57 -- In Progress
link : Thursday, February 28, 2019, T+57 -- In Progress
Thursday, February 28, 2019, T+57 -- In Progress
Wow, so much going on today, -- gonna be a great day --So I don't forget:
- UNP:
- 4Q18 GDP didn't disappoint:
- Saudi Arabia cuts crude oil supply to US gulf: link here. Link here.
- US oil imports at 23-year low; output hits another record. Link here.
- Jobs.
- Natural gas.
- Weather.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on what you read here or think you may have read here.
Weather: one of the worst winters on record in the US northern tier. Haven't heard a word about global warming. But this summer, one hurricane and the news will blame it on global warming.
Jobs: link here --
- increased more than expected
- prior week revised to show more than 1,000 more applications received than previously reported
- forecast: 220,000 claims
- actual: 225,000 claims
- four-week moving average: fell 7,000 to 229,000 (the partial government shutdown created the volatility)
- number of people on unemployment rolls increased to a 10-month high, suggesting some slowing in the labor market
- combine that with recent Fed remarks on likelihood of "being patient" on rate increases
- US economy slowed to 2.6% but "it still shows lots of muscle" -- MarketWatch
- 3Q18: 3.4%
- 2Q18: 4.2%
Saudi Arabia cuts crude oil supply to US gulf: link here. Link here.
Thus Article Thursday, February 28, 2019, T+57 -- In Progress
That's an article Thursday, February 28, 2019, T+57 -- In Progress This time, hopefully can give benefits to all of you. well, see you in posting other articles.
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