Yeah, it's actually yesterday's....What can I say.Since Thursday is new jobless day, we lead with the fact that new claims for unemployment fell to a 6 month low, though it must noted that these are seasonally adjusted figures, and the still accounts for the spike from the July shutdowns of the GM and Chrysler, which happened earlier this year.
We have two other indices moving in opposite directions, with the Philadelphia Fed industrial index falling, and the NAHB builder confidence index rising, but I'm more inclined to go with the Philly Fed, it's an index of activity, not sentiment, and also because RealtyTrac is reporting that foreclosure filings hit a new record for the first half of the year.
Mortgage rates stayed pretty much flat over the last week.
In energy, retail gasoline continues to fall, hitting a 2 month low, and crude oil fell on demand concerns.
The dollar fell as well, on increased optimism by investors, who have moved their money to more speculative ventures.
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