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DOCK TREECE 1-17-20
Friday, stocks of the DOW index had a good day yesterday. The DOW closed up almost 1% one of the best moves in months.
The reports that came out yesterday was very good but the Fed Reserve supplying plenty of liquidity to markets seems to be the juice that is moving stocks.
We have for some time been concerned about the manufacturing sector of the economy but the attached article puts that concern to rest. The last paragraph says it all:
"Over 62 percent of the firms anticipate increasing production in the first quarter,” the Philly Fed said. “Among the firms expecting an increase in production, 25 percent indicated that this would be accomplished with additional workers. But most indicated higher production would be accomplished without additional hiring: Thirty-three percent would increase the hours of existing workers, while 36 percent indicated production could be increased with higher productivity of existing workers.”
The reports that came out yesterday was very good but the Fed Reserve supplying plenty of liquidity to markets seems to be the juice that is moving stocks.
We have for some time been concerned about the manufacturing sector of the economy but the attached article puts that concern to rest. The last paragraph says it all:
"Over 62 percent of the firms anticipate increasing production in the first quarter,” the Philly Fed said. “Among the firms expecting an increase in production, 25 percent indicated that this would be accomplished with additional workers. But most indicated higher production would be accomplished without additional hiring: Thirty-three percent would increase the hours of existing workers, while 36 percent indicated production could be increased with higher productivity of existing workers.”
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By 1370 WSPD (WSPD-AM)Friday, stocks of the DOW index had a good day yesterday. The DOW closed up almost 1% one of the best moves in months.
The reports that came out yesterday was very good but the Fed Reserve supplying plenty of liquidity to markets seems to be the juice that is moving stocks.
We have for some time been concerned about the manufacturing sector of the economy but the attached article puts that concern to rest. The last paragraph says it all:
"Over 62 percent of the firms anticipate increasing production in the first quarter,” the Philly Fed said. “Among the firms expecting an increase in production, 25 percent indicated that this would be accomplished with additional workers. But most indicated higher production would be accomplished without additional hiring: Thirty-three percent would increase the hours of existing workers, while 36 percent indicated production could be increased with higher productivity of existing workers.”
The reports that came out yesterday was very good but the Fed Reserve supplying plenty of liquidity to markets seems to be the juice that is moving stocks.
We have for some time been concerned about the manufacturing sector of the economy but the attached article puts that concern to rest. The last paragraph says it all:
"Over 62 percent of the firms anticipate increasing production in the first quarter,” the Philly Fed said. “Among the firms expecting an increase in production, 25 percent indicated that this would be accomplished with additional workers. But most indicated higher production would be accomplished without additional hiring: Thirty-three percent would increase the hours of existing workers, while 36 percent indicated production could be increased with higher productivity of existing workers.”