Metrics

-Bank Credit:  Flat to down, but could be seasonal factors at work.

-Rates: 10yr: 3.29, drifting down as the dollar catches a bid on European woes.  PLUS, the Primary Dealers are back in the market after year book squaring which cut their treasury holdings by 129b$ in the last two weeks of December... Fed Funds: 0.25% (=) See Chart Here.

-S&P eps estimate: 2011 EST: $92-95 See Source Here.


U6:  16.7% , down a bit.


Money Supply slowly picking up again....

-Dollar Index:    89.95 vs. 92.5 vs. 94.5.  The dollar has lost ground in our index, only gaining vs. Euro recently.  And one wonders why equities caught a bid!!

-Weightings: US Broad Dollar Index: 60%/Gold 20%/Oil 20%

-DXY index: 104 vs. 100 vs. 100.3 vs.. 106  sequentially, . , rebased to 100 on 1.1.10. 

-BIC est. 2011 gdp growth: 9-9.5%

Weightings: China 60%/India 20%/Brazil 20%.

-China Rates: 

CHINA OUT TO COOL OFF ECONOMY, will keep raising rates and let RNB gradually rise.

Starting Values for Dollar Index:

Dashboard 12.09 values

DXY 77.86

GOLD 1091

OIL 79.36

USTW: 102.41