Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. But I can't by law give you advice, and I do make mistakes. Remember: the unexpected sometimes happens. Oddly enough, the expected does too, but all too often it takes longer than you thought it would, or on the other hand happens more quickly than you expected. The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.

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Sunday, June 24, 2012

Next Week's US Data

The big one of course will be the employment and unemployment data, out on July 6th, which is the week after.

In the meantime we'll have some regional Fed surveys and the Chicago PMI.  I'll have a look at them when they're published.  The average of the regional surveys gives a good guide to the national ISM manufacturing survey.  For what it's worth, I think they'll be soggy.  The fiscal cliff after the elections and the European debacle have impacted confidence, not just in the US but here in Oz too.

A demain!

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