July Publication Schedule

The Lehmann Letter (SM) Can Alphabet (Google), Amazon, Apple, Facebook and Microsoft drive the stock market forever? Can Jack’s beanstalk reach the sky? Doesn’t seem likely. Signs of a peak abound: High P/E ratio and a peak in profits and profit margins, high real-estate prices, stagnant residential construction and home sales, sluggish capital spending, softer auto sales, a peak in capacity utilization. See below. ECONOMIC INDICATOR PUBLICATION SCHEDULE  July 2017  Source (* below)……Series Description……Day & Date  Quarterly Data BEA……..….GDP ..……..…Fri, 28th Monthly Data ISM..Purchasing managers’ index…Mon, 3rd BEA.New-vehicle sales.(Approximate).Thu, 6th BLS………….Employment…….…   Fri, 7th Fed. Consumer credit..(Approximate).Mon, 10th BLS…………Producer prices……. Thu, Continue reading

June Publication Schedule

The Lehmann Letter (SM) Today the Bureau of Labor Statistics reported employment growth of 138,000 in May and a 4.3% unemployment rate. https://stats.bls.gov/news.release/empsit.nr0.htm That’s full employment. Here’s the June schedule for a number of other economic indicators. ECONOMIC INDICATOR PUBLICATION SCHEDULE  June 2017  Source (* below)……Series Description……Day & Date   Quarterly Data BLS………Productivity…………..Mon, 5th BEA….US Internat’l Transacs……Tue, 20th BEA……….GDP & Profits..…..…Thu, 29th Monthly Data ISM..Purchasing managers’ index…Thu, 1st BEA.New-vehicle sales.(Approximate).Fri, 2nd BLS………….Employment…….…   Fri, 2nd Fed. Consumer credit..(Approximate).Tue, 6th BLS…………Producer prices……. Tue, 13th BLS……….Consumer prices.……. Wed, 14th Census………….Inventories…….. Wed, 14th Fed……….Capacity utilization……Thu, 15th Census………Housing starts…….Fri, 16th NAR………Existing-home sales….Wed, 21st Census……..New-home sales…… Fri, Continue reading