Site Search

Looking for something? Use the search bar below or visit our Resources page.


Author Jason Haley

Published

Estimated

Treasury yields are 2-3 basis points lower to start the day following a somewhat quiet overnight session. 

Later this morning, the Bureau of Labor Statistics will release the April JOLTS report, which is expected to show just under a 140,000 decline in job openings to 8.35 million. Openings have declined from a high of 12.18 million in March 2022 but still remain above pre-COVID levels in the 7.2 million area. There are no Fed leaders scheduled to speak today, nor is there any new issuance of term Treasury supply.

Jason Haley
Chief Investment Officer

DateEventSurveyActualPriorRevised
6/4/2024JOLTS Job Openings8350k—8488k—
6/4/2024Factory Orders0.60%—1.60%0.80%
6/4/2024Factory Orders Ex Trans0.50%—0.50%0.40%
6/4/2024Durable Goods Orders0.70%—0.70%—
6/4/2024Durables Ex Transportation0.40%—0.40%—
6/4/2024Cap Goods Orders Nondef Ex Air0.30%—0.30%—
6/4/2024Cap Goods Ship Nondef Ex Air——0.40%—
6/5/2024MBA Mortgage Applications——-5.70%—
6/5/2024ADP Employment Change175k—192k—
6/5/2024S&P Global US Services PMI54.8—54.8—
6/5/2024S&P Global US Composite PMI54.2—54.4—
6/5/2024ISM Services Index51—49.4—
6/5/2024ISM Services Prices Paid59—59.2—
6/5/2024ISM Services Employment47.2—45.9—
6/5/2024ISM Services New Orders53.2—52.2—
6/6/2024Challenger Job Cuts YoY——-3.30%—
6/6/2024Revisions: Trade Balance    
6/6/2024Nonfarm Productivity0.00%—0.30%—
6/6/2024Unit Labor Costs4.90%—4.70%—
6/6/2024Trade Balance-$76.5b—-$69.4b—
6/6/2024Initial Jobless Claims220k—219k—
6/6/2024Continuing Claims1790k—1791k—
6/7/2024Two-Month Payroll Net Revision——-22k—
6/7/2024Change in Nonfarm Payrolls185k—175k—
6/7/2024Change in Private Payrolls165k—167k—
6/7/2024Change in Manufact. Payrolls5k—8k—
6/7/2024Unemployment Rate3.90%—3.90%—
6/7/2024Average Hourly Earnings MoM0.30%—0.20%—
6/7/2024Average Hourly Earnings YoY3.90%—3.90%—
6/7/2024Average Weekly Hours All Employees34.3—34.3—
6/7/2024Labor Force Participation Rate62.70%—62.70%—
6/7/2024Underemployment Rate——7.40%—
6/7/2024Wholesale Trade Sales MoM0.50%—-1.30%—
6/7/2024Wholesale Inventories MoM0.20%—0.20%—
6/7/2024Household Change in Net Worth——$4839b—
6/7/2024Consumer Credit$10.000b—$6.274b—

Jason Haley

Chief Investment Officer

LinkedIn

  Headline Disclaimer

ALM First offers investment advisory services through ALM First Financial Advisors, LLC, which is registered with the U.S. Securities and Exchange Commission (“SEC”). SEC registration does not constitute an endorsement of the firm by the SEC nor does it indicate that the firm has attained a particular level of skill or ability. The information contained herein does not constitute investment advice or a recommendation for you to purchase or sell any specific security. You are solely responsible for reviewing the content and for any actions you take or choose not to take based on your review of such content.

Information contained herein was derived from third party sources as indicated. While such information is believed to be reliable, no representation or warranty is made concerning the accuracy of any information presented. We have not and will not independently verify this information. Where such sources include opinions and projections, such opinions and projections should be ascribed only to the applicable third party source and not to ALM First.

Statements herein that reflect projections or expectations of future financial or economic performance are forward-looking statements. Such “forward-looking” statements are based on various assumptions, which assumptions may not prove to be correct. Accordingly, there can be no assurance that such assumptions and statements will accurately predict future events or actual performance. No representation or warranty can be given that the estimates, opinions or assumptions made herein will prove to be accurate. Any projections and forward-looking statements included herein should be considered speculative and are qualified in their entirety by the information and risks disclosed in the confidential offering document. Actual results for any period may or may not approximate such forward-looking statements. No representations or warranties whatsoever are made by ALM First Financial Advisors, LLC or any other person or entity as to the future profitability of investments recommended by ALM First Financial Advisors, LLC.



Recent Beyond The Headlines


  Headlines RSS
Strategic Partners

Let’s Work Together

ALM First is your agile partner with a trusted history of delivering results.