• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The Boock Report

  • Home
  • Free Content
  • Login
  • Subscribe

Free Access

September 6, 2019 By Peter Boockvar

Succinct Summation of the Week’s Events – 9/6

Positives 1) Within the payroll report, the household survey reflected a jump of 590k jobs (the biggest contribution from those aged 25-54) which combined with an increase of 571k in the size of the labor force kept the unemployment rate unchanged at 3.7% as expected. The participation rate rose two tenths to 63.2% which does match the most since 2013 thanks to a …

[Read more...] about Succinct Summation of the Week’s Events – 9/6

August 23, 2019 By Peter Boockvar

Succinct Summation of the Week’s Events – 8/23

This is coming to you early because I'm traveling today and will be away next week and not publishing. Putting aside what I think about the economy and what the Fed should do, I believe Jay Powell's commentary will adhere to his mid cycle adjustment theme in which he'll endorse a September rate cut but won't commit past that. He's already got a likely two …

[Read more...] about Succinct Summation of the Week’s Events – 8/23

August 16, 2019 By Peter Boockvar

Succinct Summation of the Week’s Events – 8/16

Positives 1)The Administration realized that since most of the goods that will be sold in the holiday shopping season have already been ordered with pricing in place, US importers were going eat about all of the intended tariffs. Hence, shifting about $165b of the affected to mid December. 2)July retail sales at the core level (ex auto's, gasoline and building …

[Read more...] about Succinct Summation of the Week’s Events – 8/16

August 9, 2019 By Peter Boockvar

Succinct Summation of the Week’s Events – 8/9

Positives 1)Initial jobless claims totaled 209k, 6k less than expected and down from 217k last week (revised up by 2k). This brings the 4 week average to 212k which is unchanged with the week prior because a print of 208k dropped out. Continuing claims, delayed by a week, fell by 15k after rising by 22k last week. 2)Refi's continue to be the only notable …

[Read more...] about Succinct Summation of the Week’s Events – 8/9

August 2, 2019 By Peter Boockvar

Succinct Summation of the week’s events – 8/2

Positives 1)The Federal Reserve is responding the only way they know how, to ease policy at the prospect of an economic slowdown, this time due to 'global developments.' Separately, It is the rare central banker that cites financial markets and the desire not to spike the punch bowl for not wanting to cut rates. Quite refreshing to hear. Boston Fed President said …

[Read more...] about Succinct Summation of the week’s events – 8/2

July 26, 2019 By Peter Boockvar

Succinct Summation of the Week’s Events – 7/26

Positives 1)GDP in Q2 surprised to the upside with a 2.1% performance. The estimate was 1.8% and this brings the year to date average to 2.6%. The 2018 growth rate was revised down to 2.5% (4th Q over 4th Q) as part of benchmark revisions. Personal spending was the main catalyst as it grew by 4.3%, 3 tenths more than expected after a modest 1.1% gain in Q1. …

[Read more...] about Succinct Summation of the Week’s Events – 7/26

July 19, 2019 By Peter Boockvar

Succinct Summation of the Week’s Events – 7/19

Positives 1)Core retail sales in June exceeded expectations with a .7% m/o/m increase, more than twice the estimate of up .3% and May was revised up one tenth to a gain of .6%. Versus last year, core sales improved to a 4.6% y/o/y increase. 2)The July Philly manufacturing index saw a sharp snapback, rising to 21.8 from .3 and that was well above the estimate of 5.0. …

[Read more...] about Succinct Summation of the Week’s Events – 7/19

July 12, 2019 By Peter Boockvar

Succinct Summation of the Week’s Events – 7/12

Positives 1)I’m sympathetic to Powell’s belief that growth is moderating and he wants to take back that December hike. 2)Initial jobless claims totaled 209k, 12k less than expected vs 222k last week. However because of the 4th of July holiday we can throw out the number and wait until next week to average it out. 3)The MBA said mortgage applications to buy a …

[Read more...] about Succinct Summation of the Week’s Events – 7/12

July 5, 2019 By Peter Boockvar

Succinct Summation of the Week’s Events – 7/5

Positives 1)I wish Christine Lagarde the best of luck and hope she can be politically influential in stressing and encouraging governments to emphasize more fiscal policy and rely less on monetary policy. 2)Of the new Trump picks for the Fed and if appointed, Judy Shelton will be a breath of fresh air in introducing a new frame of monetary thought. Chris Waller …

[Read more...] about Succinct Summation of the Week’s Events – 7/5

June 28, 2019 By Peter Boockvar

Succinct Summation of the Week’s Events – 6/28

  Positives 1)Pending home sales in May, measuring contracts signed of existing homes, rose 1.1% m/o/m as expected. Sales in the Northeast rebounded by 3.5% after 3 straight months of declines. Sales also were up in the Midwest but flat down South and lower out West. 2)Refi’s still are responding the most to the drop in mortgage rates as they grew by …

[Read more...] about Succinct Summation of the Week’s Events – 6/28

  • « Previous Page
  • Page 1
  • …
  • Page 19
  • Page 20
  • Page 21
  • Page 22
  • Page 23
  • …
  • Page 26
  • Next Page »

Primary Sidebar

Recent

  • February 3, 2023 Succinct Summation of the Week’s Events
  • February 3, 2023 ISM better but breadth worse/S&P Global PMI still below 50
  • Subscribe
  • Free Content
  • Login
  • Ask Peter

Categories

  • Central Banks
  • Free Access
  • Latest Data
  • Podcasts
  • Uncategorized
  • Weekly Summary

Footer

Search

Follow Peter

  • Facebook
  • LinkedIn
  • Twitter

Subscribe

About Peter

Peter is the Chief Investment Officer at Bleakley Advisory Group and is a CNBC contributor. Each day The Boock Report provides summaries and commentary on the macro data and news that matter, with analysis of what it all means and how it fits together.

Read More

Disclaimer - Peter Boockvar is an independent economist and market strategist. The Boock Report is independently produced by Peter Boockvar. Peter Boockvar is also the Chief Investment Officer of Bleakley Financial Group, LLC a Registered Investment Adviser. The Boock Report and Bleakley Financial Group, LLC are separate entities. Content contained in The Boock Report newsletters should not be construed as investment advice offered by Bleakley Financial Group, LLC or Peter Boockvar. This market commentary is for informational purposes only and is not meant to constitute a recommendation of any particular investment, security, portfolio of securities, transaction or investment strategy. The views expressed in this commentary should not be taken as advice to buy, sell or hold any security. To the extent any of the content published as part of this commentary may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. No chart, graph, or other figure provided should be used to determine which securities to buy or sell. Consult your advisor about what is best for you.

Copyright © 2023 · The Boock Report · The Ticker District Network, LLC

  • Login
  • Subscribe
  • Free Content
  • TERMS OF SERVICE