So BLS is reporting that the Pittsburgh regions seasonally adjusted unemployment rate ticked up to 7.4% in September, from 7.3% in August. It is a curious artifact of the new seasonal adjustment in that the seasonally unadjusted rate for the region was 6.7% in September of 2011, AND September of 2012.
I thought to . . . → Read More: Rust Belt Redux
It is a global ghoul fest when Bob Moriarty talks about his favorite zombie stocks—companies whose share prices have flirted with death but still offer devilishly good potential. Moriarty is happy to “buy $1 bills for $0.50″ and tells readers where to do the same in this exclusive Gold Report interview.
The Gold . . . → Read More: Bob Moriarty’s Stock Tales from the Crypt
The Mortgage Bankers’ Association purchase index will be released at 7:00 AM Eastern time, providing an update on the quantity of new mortgages and refinancings closed in the last week.
At 8:30 AM Eastern time, the Employment Cost Index for the third quarter of 2012 will be announced. The consensus is an increase of . . . → Read More: Economic Events on October 31, 2012