Weekly Economic Calendar, From Action Economics, BusinessweekThere are several interesting reports coming out this week, like Trade Balance, April Retail Sales, Producer Price index, Consumer Price index and Consumer Sentiment Index.
The first most important one will be April Retail Sales report, due out on this coming Wednesday. This report will show how’s the consumers are doing in April. Are they spending more or less?
Initial Unemployment claims had been steadily lower in this few weeks. The continue sign will be a good news. However, last Friday jobs report gave a mixed picture of overall employment in the US. The pace of layoffs has slowed down in April, but the unemployment rate climbed to 8.9%, the highest since 1983!
The first most important one will be April Retail Sales report, due out on this coming Wednesday. This report will show how’s the consumers are doing in April. Are they spending more or less?
Initial Unemployment claims had been steadily lower in this few weeks. The continue sign will be a good news. However, last Friday jobs report gave a mixed picture of overall employment in the US. The pace of layoffs has slowed down in April, but the unemployment rate climbed to 8.9%, the highest since 1983!
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3 comments:
Retails Sales -0.4, maybe DOW is just not suppose to stay above 8000 too soon. Companies are just taking opportunity to issue more shares when stocks are recovering, to me that just not healthy and it shouldn't work in that way.
Hi, Sorry for Late Reply.
I just saw your comment.
To me, issuing stock is the last option. The effect of stock financing is S'holder interest diluted!
Could have guessed.
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