Monday, November 28, 2022 Ahead of us lies one of the busiest weeks for economic reports we’ve seen in some time, which is also a couple weeks ahead of the next Federal Open Market Committee (FOMC) meeting on monetary policy mid-month. All of these new economic prints will be viewed […]
economic news 2019
Weekly Chemistry & Economic Trends (November 11, 2022)
0.6% Wholesale Inventories 2.6% Chemical Wholesale Inventories MACROECONOMY & END-USE MARETS Running tab of macro indicators: 9 out of 20 The number of new jobless claims was up by 7,000 to 217,000 during the week ending November 5th. Continued claims were up 6,000 to 1.49 million for the week of […]
Dow Jones Sells Off 300 Points After Jobs Data, Key Economic Data; OPEC Meeting On Tap
The Dow Jones Industrial Average sold off more than 300 points Wednesday after a stronger-than-expected ADP employment report. ADP’s payrolls report previews Friday’s jobs report from the Labor Department. Meanwhile, OPEC+ will meet to reportedly consider a controversial production cut. X Ford Motor (F) was flat Wednesday morning after Morgan […]