Monthly Archives: July 2012

Will Construction Begin to Lead Job Creation?

Posted on July 5, 2012 by macromon

Lots of chatter out there about a housing bottom and recovery.  Whether true or not the U.S. labor market sure could use one even though “residential building” employment as formally defined by the BLS is a surprisingly smaller share of … Continue reading →

Posted in Employment | Tagged , , , | 1 Comment

ECB’s Draghi Statement on 25 bps Rate Cut

Posted on July 5, 2012 by macromon

Looks like gold was looking for a little more than 25 bps, especially after strong initial claims, ADP, and the big move in the dollar. (click here if video is not observable)

Posted in Economics, Euro, Monetary Policy | Tagged , , | Leave a comment

Manufacturing Productivity

Posted on July 5, 2012 by macromon

Interesting chart from the BLS showing multifactor productivity in the manufacturing industries.  Labor input saw huge gains in productivity in the past few years and some believe the sluggish recovery in employment is due to productivity increases. It’s going to … Continue reading →

Posted in Economics, Employment | Tagged , , , , | Leave a comment

Happy Birthday!

Posted on July 3, 2012 by macromon

(click here if video is not observable)

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Apple’s iOS Accounts For 65% Mobile Web Traffic – CNET

Posted on July 3, 2012 by macromon

More good news for Apple. The latest data from NETMARKETSHARE shows Apple’s iOS continues to grow, capturing 65.3 percent of global mobile web traffic, up from 52.4 percent a year ago. CNET breaks it down by device, Breaking down the results … Continue reading →

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‘The Girl From Ipanema’ Turns 50 – WSJ

Posted on July 2, 2012 by macromon

Great video from the Wall Street Journal.   Didn’t know the Girl is real. As she the song turns fiddy let’s hope the BOVESPA chart starts to turn up! (click here if video is not observable)

Posted in BRICs, General Interest | Tagged , , | 2 Comments

Apple Grabbing Market Share

Posted on July 2, 2012 by macromon

comScore is out with their analysis on key trends in the U.S. mobile phone industry during the three month average period ending May 2012. (click here for report).  Not surprising Apple is grabbing market share by leaps and bounds mainly … Continue reading →

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The Ideal Portfolio: Gold, Sugar, Bunds & Francs

Posted on July 2, 2012 by macromon

Imagine your investment adviser proposing a sweetened barbell portfolio of gold, white sugar, Swiss francs, and German bunds in 2007 with a 5-year time horizon.   You would of likely canned the wacko faster than they sold Nike stock last week. … Continue reading →

Posted in Bonds, Commodities, Currency, Dollar | Tagged , , , | Leave a comment

U.S. Manufacturing Contracts For First Time Since July’09

Posted on July 2, 2012 by macromon

Note the collapse in new orders. (click here if chart is not observable)

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Global PMI At Three-Year Low

Posted on July 2, 2012 by macromon

Markit reported the JP Morgan Global Manufacturing PMI fell to 48.9, the fasted rate of contraction since May 2009.  Led by weak growth in the U.S. rates of decline accelerated in China, Brazil, and Vietnam.  Japan, Taiwan, and South Korea … Continue reading →

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