Investment WeekFacebook Set to Price Initial Public OfferingABC NewsFacebook's initial public offering could be one of the largest in history if its stock prices at the high end of its expected range on Thursday. Facebook Inc. will likely price its…
I have posted a new permanent page of charts of first time unemployment claims and Federal withholding taxes. The data shows current actual, not seasonally…
This is an extended free excerpt from the Professional Edition Fed Report. The composite liquidity indicator rose slightly last week, on a mixed performance of…
Bloomberg link
Excerpt:
Former Federal Reserve Chairman Alan Greenspan said U.S. stocks offer good value and are likely to rise as corporate earnings increase over time.
“Stocks are very cheap,” Greenspan said today at the Bloomberg Washington …
Improvement in first time unemployment claims is slowing. Actual, not seasonally manipulated data, including an adjustment for the usual weekly upward revision, shows that the…
This is an extended excerpt from the Professional Edition Fed Report Executive Summary. Note: Pages 4-10 comments correctly updated at 3:55 PM NY time. The…
The composite liquidity indicator edged higher last week, continuing a slow but steady uptrend. In February and March, the indicator had accelerated upward away from…
The composite liquidity indicator was virtually flat last week, for a second week, on a mixed performance in its components. In February and March, the…
Durable goods orders rose 8.7% In February versus January on a nominal, not seasonally adjusted basis. The mainstream media reported only the 2.2% seasonally massaged…
The cash generated by the ECB’s second big LTRO operation hit the US banking system last week. At the same time the Fed is still…