Opinions Uncensored

Merrill and Nomura Forecasts for March Employment Report

Here are some excepts from two research reports ... first from Merrill Lynch: The recent employment reports have been exceptionally strong with job growth averaging 293,000 a month for the past six months. Although we expect a slight moderation in March with job growth of 270,000, this would...

Lawler: Possible Upside Surprise for Pending Home Sales Index

CR Note: The NAR is scheduled to release Pending Home Sales for February tomorrow at 10:00 AM ET. The consensus is for a 0.3% increase in the index. Housing economist Tom Lawler mentioned in his existing home sales forecast a week ago: While not enough local realtors/MLS either report data on...

Dallas Fed: Texas Manufacturing Activity Weakens

From the Dallas Fed: Texas Manufacturing Activity Weakens Texas factory activity declined in March, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, fell to -5.2, posting its first...