Site Search

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


Author Hafizan Hamzah

Published

Estimated

The Treasury rally continues with yields 2 to 4 bps lower across the curve while futures on both the S&P and Dow are in the green.

The recent drop in Treasury yields and rise in US equities has been spurred by speculation that President-elect Trump’s tariff plan will be more muted than originally thought.

As a reminder, the market will close early today at 2 PM EST. That being said volumes will likely be light and liquidity low, especially as we get closer to 2 PM.

Hafizan Hamzah
Senior Director, Investment Management Group

DateEventSurveyActualPriorRevised
12/2/2024S&P Global US Manufacturing PMI48.8—48.8—
12/2/2024Construction Spending MoM0.20%—0.10%—
12/2/2024ISM Manufacturing47.6—46.5—
12/2/2024ISM Prices Paid——54.8—
12/2/2024ISM New Orders——47.1—
12/2/2024ISM Employment——44.4—
12/3/2024JOLTS Job Openings7510k—7443k—
12/3/2024Wards Total Vehicle Sales16.00m—16.04m—
12/4/2024MBA Mortgage Applications——6.30%—
12/4/2024ADP Employment Change165k—233k—
12/4/2024S&P Global US Services PMI——57—
12/4/2024S&P Global US Composite PMI——55.3—
12/4/2024Factory Orders0.30%—-0.50%—
12/4/2024Factory Orders Ex Trans——0.10%—
12/4/2024ISM Services Index55.5—56—
12/4/2024ISM Services Prices Paid——58.1—
12/4/2024Durable Goods Orders——0.20%—
12/4/2024ISM Services Employment——53—
12/4/2024Durables Ex Transportation——0.10%—
12/4/2024ISM Services New Orders——57.4—
12/4/2024Cap Goods Orders Nondef Ex Air——-0.20%—
12/4/2024Cap Goods Ship Nondef Ex Air——0.20%—
12/4/2024Federal Reserve Releases Beige Book    
12/5/2024Challenger Job Cuts YoY——50.90%—
12/5/2024Trade Balance-$75.0b—-$84.4b—
12/5/2024Initial Jobless Claims——213k—
12/5/2024Continuing Claims——1907k—
12/6/2024Change in Nonfarm Payrolls200k—12k—
12/6/2024Two-Month Payroll Net Revision——-112k—
12/6/2024Change in Private Payrolls200k—-28k—
12/6/2024Change in Manufact. Payrolls30k—-46k—
12/6/2024Unemployment Rate4.20%—4.10%—
12/6/2024Average Hourly Earnings MoM0.30%—0.40%—
12/6/2024Average Hourly Earnings YoY3.90%—4.00%—
12/6/2024Average Weekly Hours All Employees34.3—34.3—
12/6/2024Labor Force Participation Rate——62.60%—
12/6/2024Underemployment Rate——7.70%—
12/6/2024U. of Mich. Sentiment73—71.8—
12/6/2024U. of Mich. Current Conditions——63.9—
12/6/2024U. of Mich. Expectations——76.9—
12/6/2024U. of Mich. 1 Yr Inflation——2.60%—
12/6/2024U. of Mich. 5-10 Yr Inflation——3.20%—
12/6/2024Consumer Credit$10.000b—$6.002b—

Hafizan Hamzah

Senior Director, Investment Management Group

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.