Hi OMI
5703 sind das 50%-Retracement vom Mai-Top runter zum Juni-Low. Das hat die Anlegerpsyche heute morgen erreicht, das sollte nun reichen. USA morgen Feiertag: No great action to be expected.
Weil draußen die Sonne so schön scheint hier noch eine schattige Nachricht von heute, bezogen auf Deutschland:
Die
Schulden der öffentlichen Haushalte betrugen im Jahr 2005 insgesamt 1,4475 Billionen Euro. Das sind
je Einwohner 17.552 Euro .
Zum Vorjahr beträgt der Anstieg 3,8 % bzw. 643 Euro je Bundesbürger.
Wieviel % zahlt der Bund dafür im Jahr? Keine Ahnung, aber nimmt man einmal 3,5% an, dann sind das je Bürger 614,32€ im Jahr. Bürger definiert als jeden Menschen zwischen Neugeborenem und Greis mit deutscher Staatsangehörigkeit.
Bezogen auf die USA eine andere Nachricht:
June 30, 2006
Last week’s highlights: The yield curve is now inverted. The Federal Funds rate (the rate at which banks borrow overnight from each other) is 5.25 percent. The yield on the 10-year Treasury note is about 5.2 percent. Clearly, if the Federal Reserve raises rates higher in August, the yield curve will invert even more sharply unless the bond market bids down the long-term yield. But inflation expectations are said to have edged lower in recent weeks. Perhaps, but both the CPI and now this week the deflator for consumer spending show no sign of slowing. What does show signs of slowing is income growth (both in manufacturing and in service sector jobs). That’s why consumer spending was slower in the now completed second quarter and could be slower still in the third quarter.
Friday, July 7, 2006
8:30 AM The Employment Situation (Bureau of Labor Statistics)
Data on employment, unemployment, and the unemployment rate.
This is a key report for at least two reasons. First, the very soft job gain in May apparently didn’t have much negative influence on consumer confidence and expectations. A second soft report might. The forward indicators of labor demand (like want-ad volume, both in print and online) are pointing toward continued but slow growth in new jobs.
Moreover, inflation expectations have edged lower in part because there is a belief that even with a 4.6 percent unemployment rate, wages are not moving up. Whether they did in June could influence the bond market in July, and perhaps Federal Reserve deliberations in early August.