Intraday Market Thoughts
Archived IMT (2008.09.26)
by
Sep 26, 2008 15:02
University of Michigan consumer sentiment index (final for Sep) drops to 70.3 from initial 70.9 but higher from Agust figure. Final US Q2 GDP was revised down to 2.8% from 3.3% due to a scaling down in personal consumption from 1.7% to 1.2%. Not only this suggests that the role of the stimulus package had already faded in Q2, but also confirms a contraction in Q3 GDP due to the negative retail sales, industrial production, durables and housing figures in the quarter. A US recession is a foregone conclusion and interest rate cuts are imminent at this point.
Latest IMTs
-
تداول تزامن المتوسطات المتحركة
by Ashraf Laidi | Jul 26, 2024 23:47
-
TimeStamp Breakdown تقسيم أجزاء الفيديو
by Ashraf Laidi | Jul 24, 2024 10:10
-
تداول الفجوات في ناسداك و دولارين
by Ashraf Laidi | Jul 23, 2024 19:33
-
Chapters Breakdown تفصيل المحتوى
by Ashraf Laidi | Jul 19, 2024 11:25
-
Gold & JPY تحديث الذهب و الين الياباني
by Ashraf Laidi | Jul 18, 2024 18:40