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EARNINGS SET FOR ANOTHER RECORD

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: S. Personal Income and Spending accelerated in September. Dallas Fed Manufacturing Index at highest level since March 2006. German Retail Sales up +4.1% Y/Y in September. TECH AND FINANCIALS LEAD Q3 S&P EARNINGS: As of...

TAX RECEIPTS TURNING UP AGAIN IN OCTOBER

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: S. Tax Receipts up +9% Y/Y in October but slow Calendar Y/Y. Chicago Fed National Activity rebounded in September. China Home Prices continue to climb but slow on Y/Y basis in September. U.S. TAX RECEIPTS UP +9% Y/Y IN 1H...

SLOWING FOOD COSTS KEEP CHINA CPI IN CHECK

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: NY Manufacturing Index (30.2) at the highest level in over 3 years. China CPI slowed to +1.6% Y/Y in September. NY FED MANUFACTURING INDEX AT HIGHEST LEVEL IN 3 YEARS: The NY Fed’s Empire State Manufacturing Index increased +5.8...

CREDIT CARD USE ACCELERATED IN AUGUST

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: S. Consumer Credit continues to climb in August (+$13.1 billion M/M). China Caixin Services PMI slows to the lowest level since 2015 in September. German Industrial Production rebounded +2.6% M/M in August. CONSUMER CREDIT UP...

ISM PRICES SURGE

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: S. ISM Manufacturing at highest level since May 2004, but Prices surged. S. Construction Spending improved in August. European Unemployment improved further in August. China PMI indicated stronger growth in September. South...
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