Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Friday, May 27, 2011

Rosenberg Daily Soundbites

  • A very mixed session in equities to end the week; bonds are flat with a slight upward tilt to yields
  • Ordinarily the U.S. equity market would have responded negatively to yesterday’s economic data disappointment duo, but it had become oversold on a purely near-term technical basis
  • The 10-year Treasury note yield slid below the 200-day moving average yesterday
  • U.S. initial jobless claims unexpectedly rose in the week of May 21
  • We got the same old tepid 1.8% headline GDP growth in Q1

No comments:

Post a Comment