Financial Review

February Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-09-2018.mp3Podcast: Play in new window | Download (Duration: 12:59 — 7.4MB)Subscribe: Apple Podcasts | Android | RSS…Economy adds 313,000 new jobs. Unemployment rate 4.1%. Wages barely budge. Wall Street loved the numbers. Financial Review by Sinclair Noe for 03-09-2018

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Financial Review

What Could Go Wrong?

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-02-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….S&P 500, Nasdaq, and Russell 2000 hit record highs. At this point in the expansion… Cold weather, heating fuel record usage. North Korea, Iran, Pakistan. Minimum wage increases. Air travel is safest. California goes to pot. Amazon goes bananas. Shoppers’ debt. Unexpected threats… Financial Review by Sinclair Noe for 01-02-2018

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Financial Review

The Wall

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-28-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..Stocks hit the wall. Holiday spending figures. Pending home sales drop. Russian sanctions possible. Lloyd’s considers moving out of London. Barclays fights. Qualcomm fined. Kate Spade wants to sell Kate Spade. Fines for fake news. Can Amazon Echo testify against you? Minimum wage hikes coming soon. Americans spend more on health care than any other country. Expats increasing. Financial Review by Sinclair Noe for 12-28-2016

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Financial Review

Wait and See

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-08-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..Election Day. Clinton has the path to victory, Florida likely to seal the deal. Plus, what to watch in Senate races. Plus other stuff on ballots. Social media made a difference. JOLTS show tightening labor market. Financial Review by Sinclair Noe for 11-08-2016

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Financial Review

July Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-05-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSThe economy added 255,000 new jobs last month. The unemployment rate steady at 4.9%. We’ll dig into the details. Financial Review by Sinclair Noe for 08-05-2016

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Financial Review

June Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-08-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS287,000 new jobs in June. Unemployment rate up to 4.9%. Smoothing out the numbers. Wages inch higher. The impact of minimum wage. The need for job training. Financial Review by Sinclair Noe for 07-08-2016

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Financial Review

Jobs Friday

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-06-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSEverything you need to know about the April 2016 Non-Farm Payroll Report. Financial Review by Sinclair Noe for 05-06-2016

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Financial Review

Not Fixed Yet

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-05-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 02-05-2016   DOW – 211 = 16204 SPX – 35 = 1880 NAS – 146 = 4363 10 Y – .02 = 1.85% OIL – .73 = 30.99 GOLD + 18.40 = 1174.50   The S&P 500 extended its loss for the week to 3%.  The index is now down more than 8 percent in 2016. The Nasdaq closed at its lowest since October 2014.   Today is a jobs report Friday. If you are a regular listener, you know that I go into quite a bit of detail. The reason is simple. The jobs report is the single most important economic data we can look at each month. So, here are the numbers:   The economy added 151,000 nonfarm jobs in January; that’s below the consensus estimate of 185,000. The unemployment rate dropped from 5% to 4.9%, the lowest reading since 2008; and an indicator the economy is still creating more than enough jobs to keep up with increases in the size of the labor force. The December jobs report was revised down from 292,000 jobs to 262,000. November’s gain was raised to 280,000 from 252,000. In the past three months job growth averaged 231,000 jobs per month. In the past 12 months the economy added 2.67 million jobs. Since the beginning of 2010, the American economy has gained nearly 14 million jobs. Total employment is now 4.9 …

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Financial Review

The Last Jobs Report of 2015

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-08-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 01-08-2015 DOW – 167 = 16,346 SPX – 21 = 1922 NAS – 45 = 4643 10 Y – .02 = 2.13% OIL – .34 = 32.93 GOLD – 4.60 = 1105.60   The economy added 292,000 new jobs in December, much higher than estimates of 205,000 to 215,000. The unemployment rate was unchanged at 5.0%. The October and November reports were revised higher to show an additional 50,000 new jobs. In the final three months of 2015, the U.S. added an average of 284,000 jobs. That’s the fastest pace in almost a year. For the past year the economy added 2.7 million jobs. In 2014 the economy added 3.1 million jobs; that’s the best 2 years for job growth since the late 1990s. The economy has added jobs for 70 consecutive months; right at 14 million jobs during that time.  Over the past year the unemployment rate has dropped from 5.7% to the current 5%.   Hiring in December was led by professional firms. They added 73,000 jobs, though almost half were temporary. Construction companies added 45,000 new workers (but that might be more a sign of mild winter weather across much of the country in December, rather than a big upsurge in construction). Over the year, construction added 263,000 jobs, compared with a gain of 338,000 jobs in 2014. Health care employment rose by 39,000, with most …

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Financial Review

Another Record

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-19-2015.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW + 13 = 18,312.39 (record) SPX – 1 = 2127 NAS – 8 = 5070 10 YR YLD + .03 = 2.26% OIL – 2.17 = 57.26 GOLD – 17.80 = 1209.00 SILV – .61 = 17.17   Record high for the Dow Industrials.   Construction starts on new U.S. homes was up 20% in April to a seasonally adjusted annual rate of 1.14 million. That’s the biggest monthly percentage gain in over 24 years and the highest level since November 2007.  Total housing starts remain far below an average pace of about 1.5 million over the 20 years leading up to the housing bubble’s 2006 peak.   A board member of the European Central Bank says the ECB will “frontload” its asset purchases in May and June – that is, step up buying in those months – to maintain its monthly average of $67 billion, given an expected drop in liquidity in the summer vacation period. The policymaker also said the recent selloff in German bunds and other sovereign bonds is not a cause for concern but the rapidity of the move is worrying.   Greek Finance Minister Yanis Varoufakis told a Greek TV channel last night that Greece is “very close” to a deal, other officials are less enthusiastic. European Commission President Jean-Claude Junker said this morning that there will be no agreement for Greece at this week’s summit. …

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