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Why ANZ sees downside risks for Friday's non-farm payrolls report

ANZ also sees modest support from the FOMC ....

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Launch your quest for Americana on Base Side Street in western Tokyo

Base Side Street along the eastern side of Yokota Air Base is a slice of America in western Tokyo. Among the restaurants and clothing vendors are knickknack shops bursting with retro treasures. ....

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Weekly Roundup

We had some winners amid this tough week as we dumped AbbVie, Boeing, Honeywell, and Norton LifeLock and added to ChargePoint, Disney, Cboe Global Markets and brought in McCormick &amp; Co. and the First Trust Nasdaq Cybersecurity ETF..CBOE ....

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Newsquawk US Market Wrap: Dollar bid as stocks fall victim to intrusive bond selling

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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US Manufacturing, Services PMIs Surge To Record Highs Amid "Unprecedented Supply Chain Disruptions"

by Tyler Durden
Friday, Apr 23, 2021 - 09:53 AM
Despite sagging hard data, soft surveys of US Manufacturing and Services sectors have been resurgent amid stimulus hype, vaccination success, and some reopenings. After new cycle highs in March, preliminary April data was expected to surge even higher. and they did.
Markit US Manufacturing April Flash disappointed, printing 60.6 vs 61.0 expected but was higher vs March s 59.1.
Markit US Services April Flash beat, printing 63.1 vs 61.5 expected and significantly higher vs March s 60.4.
Both Manufacturing and Services PMIs are at record highs.
Source: Bloomberg
Unprecedented supply chain disruptions pushed input costs higher once again in April.
The US has once again pushed to the top of the global Composite PMI league - also a record high. ....

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