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Recent Articles by Jamie Coleman
Markets are looking past the negative headline on the US GDP report, citing more robust internals. Heavy revisions are expected as December data becomes available at gets plugged into the Bureau of Economic Analysis’ model. US 10 year notes are … Continue reading
Having just adopted employment and inflation targets at the December FOMC meeting, expect the Fed to adopt a wait and see (and print) attitude at its first meeting in the new year. Though there has been some improvement in the … Continue reading
EUR/GBP is finally seeing some profit-taking, helping give cable a major short-covering boost. Sellers are seen in good size in the 1.5810 area but stops are building above 1.5825/30. Cable being cable, it will probably rally just far enough to … Continue reading
One of the major drags on US GDP in Q$ was a draw-down in business inventories. At some point those inventories will have to be rebuilt, which will add to GDP in the future. Also on the bright side was … Continue reading
Defense cuts blamed for negative print Core PCE up 0.9%, as expected For the full year 2012, US GDP grew 2.2% US yields are falling, back below 2%, now at 1.99%. USD/JPY is seeing a shake-out as a result, now … Continue reading