For the most part, we are finding that the inventory restocking cycle has been working its way through the economy. With the help of stimulus funds, there has been a definitive restart to the manufacturing industry. This has helped to show that this :statistical recovery is doing well.
But, as we...
There were mixed numbers that were reported by ADP today. We follow these as they are highly correlated to the Non-Farm that we will see this Friday. The good news is that
The ADP Employment Report predicted payrolls declined by 20,000 in February after falling a downwardly revised 60,000 in January....
According to MSNBC.com:
Hindu devotees play with color during celebrations of Holi, the festival of colors, in the streets near the Bankey Bihari Temple on Monday in Vrindavan, India. The festival is meant to welcome spring and win the blessings of gods for good harvests and fertility of the...
Patriot Coal (PCX) is ramping higher again today as the rumors are making their way around the trading pits that Massey Energy (MEE) could be a suitor.
A takeover/merger could make a great deal of sense as the coal industry is in need of further consolidation. This is really nothing new...
It all depends on how you look at things. While durable goods came in much better than expected, the excluding transportation number was disappointing.
But, looking deeper at the report, there were some bright spots and far be it for us to look for a silver lining that is not actually...
