It's apparent that the Labor Department had some problems seasonally adjusting for the Veterans Day holiday.

171

This was the most positive net view of the current job market since September 2001 and bodes well for the upcoming employment report.

156

Combining the data on construction spending, manufacturing inventories, capital goods shipments, and wholesale inventories released since the GDP report, we now see fourth quarter GDP being revised up to 1.5 percent from the advance estimate of 1.1 percent.

93

There was a lot of money invested in the Treasury market that the curve would get more inverted. The market moved against that, and now there's a lot of pain.

92

The yield curve is reflecting too pessimistic an outlook on the economy. The market will just have to be convinced otherwise.

91

With the caution that this is inherently a very volatile set of numbers - especially in July when seasonal swings are huge - the reported results were significantly softer than expected just about across the board.

86

The evidence broadly viewed continues to point to underlying improvement in labor market conditions. Seasonal adjustment of weekly data is a tricky problem and especially so around holidays.

33