U.S. Industrial Production Fell 0.1% In January
U.S. industrial production fell 0.1% in January. The consensus was at 0.5%, December revised (down 0.4%) reading was at 0.8%. On year level industrial production is up 5.1%.
Archive for February 16th, 2011
U.S. Producer Price Index Rose 0.8% In January
U.S. producer price index rose 0.8% in January vs. 0.8% consensus. December reading was at 0.9% (revised from 1.1%). On year level PPI is up 3.4%
MBA Mortgage Applications Fell 9.5%
MBA mortgage applications fell 9.5%; Prior reading was a decrease of 5.5%; On year level MBA Basic Index is down 30.2%.
Morning Reading – Wednesday, February 16, 2011
*** FT Alphaville: Raging bulls ***
*** FT Alphaville: Emerging resistance ***
*** FT Alphaville: Inflation Chartology ***
*** FT BeyondBRICs: PE unfazed by China property “bubble” ***
*** The Big Picture: Trading Rules, Aphorisms & Books ***
*** The Big Picture: Labor Costs vs Consumer Prices 1950-2010 ***
*** Insider Monkey: David Tepper Betting On Airlines. ***
*** The Economist: The return of structural unemployment concerns ***
*** Urgent Speed: Why Ten Million Dollar IPOs Matter ***
*** Fortune: Turnaround CEO smackdown ***