Daily Archives: October 10, 2012

October Beige Book, Mortgage Apps, August Inventories, JOLTS

Modest Q3 Expansion with Improved Housing, Uncertain Labor Markets The Fed’s Beige Book suggested modest growth across most regions and sectors in early Fall. Mortgage Applications for the week ending October 5 decreased 1.2 percent, as refis dipped. Business Inventories … Continue reading

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Whistling Past the Graveyard: U.S. Data Improves as the Headless Horseman Lurks

Our Halloween update features improving U.S. data highlighted by the surprising drop in the unemployment rate to 7.8 percent for September. Overseas, it is looking scary. The Gordian knot of Europe’s many problems continues to defy quick solutions. China scrambles … Continue reading

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