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U.S. trade delegation arrived in China for tariff talks
March International trade in goods: -$49.0B vs. -50.0B consensus and -$57.7B prior (revised).
April US PMI Services Index: 54.6 vs. 54.4 consensus, 54.0 prior.
March Factory Orders: +1.6% vs. +1.3% consensus and 1.6% prior (revised from +1.2%).April ISM Non-Manufacturing Index: 59.1 vs. 58.4 consensus, 58.8 prior.
Business activity 59.1% vs 60.6.
New Orders 60.0% vs 59.5%.
Employment 53.6% vs 56.6%Initial Jobless Claims +2K at 211K vs. 224K consensus, 209K prior (unrevised).
Continuous Claims: -77K at 1.756M vs. 1.833M.Challenger Job-Cut Report: 36,081 from 60,357 in March.
Q1 Productivity and Costs: 0.7% vs. +0.9% expected, +0.3% previous (revised).
Unit labor costs +2.7% vs. +3.0% expected, +2.1% previous.……Freddie Mac’s latest weekly survey
The 30-year fixed-rate mortgage averaged 4.55% for the week ending May 3, down from last week’s YTD high of 4.58%, while the 15-year fixed mortgage averaged 4.03%, ticking higher by a basis point from the previous week.
Last year at this time, the 30-year and 15-year fixed rates averaged 4.02% and 3.27%, respectively.[b]and may God bless our CEO & “God save the Queen” …
my ESOP shares are SOARINGl lately in spite of market retractions 🙂
as I see a theme of MAKE ALL NATIONS great again
and know both Canada & Mexico will be better also in long run 8)
https://finance.yahoo.com/quote/FRFHF?p=FRFHF%5B/b%5DFairfax Financial Holdings (OTCPK:FRFHF): Q1 Net earnings of $684.3M
Net premiums written of $3.24B (+42.1% Y/Y)
…………………………………………..(7.1% excluding the acquisitions of Allied World, the insurance operations of AIG in Latin America and the AIG branches in Central and Eastern Europe, all of which were acquired during 2017 after the first quarter, and First Capital (FCRGF) which was sold in the fourth quarter of 2017).The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 51% of Likely U.S. Voters approve of President Trump’s job performance.
[b]^^^ +3s … Thanks for great updates & Happy STAR WARS Friday 🙂
Rush shared yesterday that #45s approval had DOUBLED in African-American community from 11% to 22% in just ONE WEEK … Crediting “Yezzy” (Kanye West) and his positive statement over some of economic & other improvements taking place 8) [/b]
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