According to some of the pundits the equity markets are surging on the news that mark-to-market accounting so far as banks are concerned has been shuttled off to history’s dustbin. In other words, the market values opaque accounting, which is another reason that I fully admit I have no clue as to what drives stock […]
Posts Tagged ‘factory orders’
FASB, Unemployment, Factory Orders And A Raging Stock Market
Posted by Tom Lindmark on April 2nd, 2009
Latest Economic Data Offers Little Comfort
Posted by Tom Lindmark on February 5th, 2009
New claims for jobless benefits jumped again last week. Initial claims for the week were up to 626,000 for the week ending January 31. The four week moving average which is subject to much less noise also jumped 39,000 to 582,500. In terms of raw numbers, this puts us at 1982 sort of reporting levels. […]
Posted in Uncategorized 
Tags: factory orders, jobless benefits, productivity, unemployment 
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