5/12 MacroEdge Weekly Ozone Report: Employment Slingshot, Global Cutting Ahead!, Construction Data, Propaganda v Reality
In this weekly report - Don, Awsumb, and John cover the latest critical employment data, yields, the semiconductor bubble, construction data, and more. #TeamMacroEdge
Employment Slingshot + Global Cutting Ahead (@DonMiami3, MacroEdge Chief Economist)
Happy Sunday evening to you all,
Another busy week ahead in the finance/econ data world and we’re monitoring it all. (Roaring Kitty is back too, for those that remember the 2021 meme insanity).
The MacroEdge Vision update will be released tomorrow evening as we gave Six the day off to take care of familial duties and enjoy the holiday. Keep an eye out for that email and the first update to the Vision tracker in the Ozone portal.
We just added several new datasets to the Ozone dashboard so make sure to have a look at them if you haven’t yet (the Labor Market Health Index by MacroEdge) as well as Total Private Sector Hiring, using a 6-month momentum index to smooth noise in the non-seasonally adjusted dataset.
Check out the latest update to the ‘Bullishness Gauge’.
Join us for the ride at MacroEdge Ozone here as we continue to grow, expand, and transform the way individuals and enterprises see financial and economic data: MacroEdge.net/ozonetrial
MacroEdge TV will be a fantastic edition to our new content lineup, and we’re looking at starting a short video series in the coming months to
In my weekly report today we’ll discuss:
> Schedule for the Week on the Data Front
> CPI Report / CPI Nowcast
> Global Cutting Cycle
> Employment Data (KC Fed / U6 / NFIB / Foreign Born Workers / Private Sector Hires / Initial Claims / Government Hiring to Slow)
> Semiconductor Peak? (Dotcom Technicals)
Schedule for the Week on the Data Front
Tuesday: NFIB, PPI, Powell
Wednesday: MBA Index, CPI, Retail Sales, Empire State Mfg, NAHB Housing Index
Thursday: Housing Starts, Claims, Industrial Production and Capacity Utilization (which we will cover next weekend)
Friday: state-level unemployment data
We will cover much of the above next weekend.
