- Global equity markets are mimicking yesterday’s dramatic bearish reversal
- Is the loonie too strong for its own good? We remain long-term Canadian dollar bulls, but there is one signpost that perhaps it may be a tad too strong for its own good
- In the U.S., the problem with a “soft patch” in the economy is that you don’t get two of them in the first two years of a normal recovery
- The ISM manufacturing index slid to 53.5 in May from 60.4 in April
- The ADP employment tally came in at +38k, well off the +177k print in April and +203k headline in March
- Some good news (sort of)! Total construction spending eked out a 0.4% gain in April, the second in a row
- U.S. retail sales really sputtered in April and we are not seeing any improvement in May either
Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich
Thursday, June 2, 2011
Rosenberg Daily Soundbites
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