http://zachstocks.com/2009/07/employment-numbers-decline-economic-green-shoots-in-question/ Dynamic Investments for Exceptional Traders Tue, 31 Jan 2012 01:21:02 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://zachstocks.com/2009/07/employment-numbers-decline-economic-green-shoots-in-question/comment-page-1/#comment-10431 ny unemployment online Sat, 01 May 2010 16:17:49 +0000 http://zachstocks.com/?p=1783#comment-10431 In March, the House passed a $9 billion bill to prevent benefit loss. The Senate rushed to pass the House version before the congressional recess started on March 26, but faced opposition from Sen. Tom Coburn (R-Okla.), who demanded that Democrats find a way to pay for the extension. Senate majority and minority leaders Harry Reid (D-Nev.) and Mitch McConnell (R-Ky.) started negotiations on the issue, but failed to reach a compromise before recess. In March, the House passed a $9 billion bill to prevent benefit loss. The Senate rushed to pass the House version before the congressional recess started on March 26, but faced opposition from Sen. Tom Coburn (R-Okla.), who demanded that Democrats find a way to pay for the extension. Senate majority and minority leaders Harry Reid (D-Nev.) and Mitch McConnell (R-Ky.) started negotiations on the issue, but failed to reach a compromise before recess.

]]> http://zachstocks.com/2009/07/employment-numbers-decline-economic-green-shoots-in-question/comment-page-1/#comment-7470 Ted Hurlbut Thu, 02 Jul 2009 14:32:55 +0000 http://zachstocks.com/?p=1783#comment-7470 From a retail perspective, we're not likely to see a "U" shaped recovery, much less a "V" shaped recovery. Retailers are currently putting in a "new normal" baseline in sales, and any growth from there is going to be modest. I believe we're going to see a pick up in retail sales in Q4, as the comps turn favorable, but any recovery is going to be long and drawn out. From a retail stock perspective, currently we're rangebound, and likely to remain so until retailers demonstrate they can grow the top line. The spring runup in retail stocks was fueled by extremely aggressive cost-cutting, but there's not much left that can be done there. Q3 retail inventories will be the lightest in memory, in an effort to put a floor in under price points and margins, but it's still very questionable whether the consumer will cooperate. Retail is going to improve, but it is going to remain challenging for awhile, especially for the specialty and luxury sectors. From a retail perspective, we’re not likely to see a “U” shaped recovery, much less a “V” shaped recovery. Retailers are currently putting in a “new normal” baseline in sales, and any growth from there is going to be modest. I believe we’re going to see a pick up in retail sales in Q4, as the comps turn favorable, but any recovery is going to be long and drawn out. From a retail stock perspective, currently we’re rangebound, and likely to remain so until retailers demonstrate they can grow the top line. The spring runup in retail stocks was fueled by extremely aggressive cost-cutting, but there’s not much left that can be done there. Q3 retail inventories will be the lightest in memory, in an effort to put a floor in under price points and margins, but it’s still very questionable whether the consumer will cooperate. Retail is going to improve, but it is going to remain challenging for awhile, especially for the specialty and luxury sectors.

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