Joseph LaVorgna

Type: Person
Name: Joseph LaVorgna
First reported Oct 22 2014 - Updated Oct 22 2014 - 1 reports

Inflation picks up slightly in September despite falling trend

Consumer prices rose 0.1 percent in September, the Bureau of Labor Statistics reported Wednesday,...Consumer prices rose 0.1 percent in September, the Bureau of Labor Statistics reported Wednesday, defying analysts' expectations for no change and fears ... [Published Washington Examiner - Oct 22 2014]
First reported Oct 22 2014 - Updated Oct 22 2014 - 1 reports

Earnings set to take markets' center stage

The S&P 500 regained its 200-day moving average at 1907 and surged higher to close up 37 at 1941. At its low point, the S&P was down about 9.5 percent on an intraday basis from its high, and it is now up 5 percent for the year. The Nasdaq closed up 103 ... [Published CNBC - Oct 22 2014]
First reported Oct 20 2014 - Updated Oct 20 2014 - 1 reports

American Consumers See Windfall From Lower Gasoline Costs

When it comes to pulling up to thegasoline pump, Americans haven’t had it this good since 2011.Plunging fuel prices will free up as much as $60 billionover the next year that the consumer can spend on a fall jacket,a movie ticket or just more groceries. ... [Published Bloomberg - Oct 20 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 2 reports

Deflation Flirts With America

Submitted by Raul Ilargi Meijer via The Automatic Earth blog , Jack Allison Street scene, New York City Summer 1938 “When it becomes serious, you have to lie,” said brand-new EC head Jean-Claude Juncker back in May 2011. I’m thinking the ... [Published Zero Hedge - Oct 17 2014]
First reported Oct 15 2014 - Updated Oct 16 2014 - 4 reports

Frenzied day of trading has a silver lining

WASHINGTON — The turbulence that’s roiling financial markets is punishing stock investors and raising worries for major U.S. companies and will likely produce even punier returns for savers.Yet some Americans actually stand to benefit from the forces ... [Published Seattle Times - Oct 16 2014]
First reported Oct 14 2014 - Updated Oct 15 2014 - 1 reports

Falling Gas Prices Could Provide $40 Billion Boost to Economy

Gas prices keep dropping as crude oil slides to multi-year lows. The chart below from GasBuddy.com shows how the average price nationwide has dropped by more than 40 cents a gallon over the last three months. Consumer savings at the pump should help buoy ... [Published The Fiscal Times - Oct 14 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

But... Joe Lavorgna Said...

Wondering why once again everything is crashing? Here is all you need to know: “We’ve got the proverbial 800-pound gorilla -- the consumer ,” said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities Inc. in New York. “ Households are ... [Published Zero Hedge - Oct 15 2014]
First reported Oct 09 2014 - Updated Oct 09 2014 - 3 reports

WRAPUP 2-Drop in U.S. jobless claims points to labor market strength

(Adds data on wholesale inventories)WASHINGTON, Oct 9 (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor ... [Published CNBC - Oct 09 2014]
First reported Oct 03 2014 - Updated Oct 03 2014 - 1 reports

Jittery markets await September jobs growth data

Read More For stock market, it's welcome back to 2011Yet, there is a nervousness around the jobs number, after a choppy week in the equity market, and fears that Europe's weakness and China's uncertain growth rate could weigh on the U.S. economy. Stocks ... [Published CNBC - Oct 03 2014]
First reported Oct 03 2014 - Updated Oct 03 2014 - 1 reports

Payrolls in U.S. Effectively Up by About 600,000 as Hours Climb

The U.S. economy effectively addedalmost 600,000 jobs in September. No, that’s not a typo.While employers boosted payrolls by 248,000 workers lastmonth, the workweek also climbed for the first time since March.Employees put in 34.6 hours a week on average, ... [Published Bloomberg - Oct 03 2014]
First reported Oct 02 2014 - Updated Oct 02 2014 - 2 reports

Stock Market Today: Stocks Close Flat, Pause Ahead of Jobs Report

NEW YORK (TheStreet) -- Major U.S. stock markets finishedaflat after tradingain a holding pattern throughout Thursday as investors awaitatheagovernment's nonfarm payrolls report for September on Friday. The Dow Jones Industrial Averagefinished sideways ... [Published The Street Latest - Oct 02 2014]
First reported Sep 26 2014 - Updated Sep 26 2014 - 1 reports

One Good Sign the Economy Is Staying Strong: Your Payroll Tax Withholdings

The U.S. economy grew at a 4.6% annual rate in the second quarter, according to the latest report from the Commerce Department . But leaves are turning brown now and this morning’s report describes what happened from April to June. How has the overall ... [Published WSJ.com: Real Time Economics - Sep 26 2014]

Quotes

"This is a pothole in the road," said Joseph LaVorgna, chief US economist at Deutsche Bank. "i don't think the axle is going to fall off the car."
The data adds to the view that strength is building in the U S economy. "the labor market is entering into a potential boom" said Joseph LaVorgna, chief U S economist at Deutsche Bank in New York

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All (45) | News (32) | Reports (0) | Blogs (13) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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BRADLEY: Renewable Fuel Standard: Running on em... [Published Deer Park Broadcaster - Oct 23 2014]
Inflation picks up slightly in September despit... [Published Washington Examiner - Oct 22 2014]
Earnings set to take markets' center stage [Published CNBC - Oct 22 2014]
American Consumers See Windfall From Lower Gaso... [Published Bloomberg - Oct 20 2014]
Deutsche Bank: Gas Price Slump Could Put $40B i... [Published NewsMax.com - Oct 17 2014]
Housing Starts Rose 6.3% In September [Published Mortgage Orb - Oct 17 2014]
Deflation Flirts With America [Published Zero Hedge - Oct 17 2014]
America Flirts With Deflation [Published Market Oracle - Oct 17 2014]
Frenzied day of trading has a silver lining [Published Seattle Times - Oct 16 2014]
Global growth scare fells stocks as Dow Jones d... [Published Pittsburgh Tribune Review - Oct 16 2014]
For varying groups, market frenzy may help [Published Yahoo! Xtra Business - Oct 15 2014]
For varying groups, market frenzy may help or hurt [Published Charleston Post and Courier - Oct 15 2014]
But... Joe Lavorgna Said... [Published Zero Hedge - Oct 15 2014]
Falling Gas Prices Could Provide $40 Billion Bo... [Published The Fiscal Times - Oct 14 2014]
Euro to US Dollar (EUR/USD) Exchange Rate Softer [Published AdBanks.net - Oct 12 2014]
Euro to US Dollar (EUR/USD) Softer – US Jobless... [Published AdBanks.net - Oct 11 2014]
Euro to US Dollar (EUR/USD) Softer â US Jobless... [Published Currency News - Oct 10 2014]
WRAPUP 2-Drop in U.S. jobless claims points to ... [Published CNBC - Oct 09 2014]
US Employment Continues Recovery Jobless Claims... [Published OANDA Forex Blog - Oct 09 2014]
Fall in US jobless claims points to labour mark... [Published BDlive - Oct 09 2014]
WRAPUP 1-U.S. jobless claims fall, point to lab... [Published CNBC - Oct 09 2014]
Quits rate will have to increase before Yellen ... [Published Atlanta Journal And Constitution - Oct 06 2014]
UPDATE: Split between hawks, doves to be eviden... [Published Morningstar.com - Oct 05 2014]
Grandma Yellen And The Economic Mushroom Cloud ... [Published Market Oracle - Oct 05 2014]
Investing Quarterly: Where to invest for growth? [Published Los Angeles Times - Oct 05 2014]
Payrolls in U.S. Effectively Up by About 600,00... [Published Bloomberg - Oct 03 2014]
Stock Market Today: Stocks Close Flat, Pause Ah... [Published The Valley Dispatch - Oct 03 2014]
Jittery markets await September jobs growth data [Published CNBC - Oct 03 2014]
Stock Market Today: Stocks Close Flat, Pause Ah... [Published The Street Latest - Oct 02 2014]
Stock Market Today: Stocks Close Flat, Pause Ah... [Published The Street Latest - Oct 02 2014]
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Deflation Flirts With America [Published Zero Hedge - Oct 17 2014]
Submitted by Raul Ilargi Meijer via The Automatic Earth blog , Jack Allison Street scene, New York City Summer 1938 “When it becomes serious, you have to lie,” said brand-new EC head Jean-Claude Juncker back in May 2011. I’m thinking the ...
But... Joe Lavorgna Said... [Published Zero Hedge - Oct 15 2014]
Wondering why once again everything is crashing? Here is all you need to know: “We’ve got the proverbial 800-pound gorilla -- the consumer ,” said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities Inc. in New York. “ Households are ...
Euro to US Dollar (EUR/USD) Exchange Rate Softer [Published AdBanks.net - Oct 12 2014]
10 Oct 2014 at 1 PM – Written by James Fuller STORY LINK Euro to US Dollar (EUR/USD) Exchange Rate Softer – US Jobless Claims Remain Below 300K The Euro to US Dollar exchange rate trended lower on Thursday after US Jobless Claims data was favourably ...
Euro to US Dollar (EUR/USD) Softer – US Jobless... [Published AdBanks.net - Oct 11 2014]
10 Oct 2014 at 1 PM – Written by James Fuller STORY LINK Euro to US Dollar (EUR/USD) Softer – US Jobless Claims Remain Below 300K The Euro to US Dollar (EUR/USD) exchange rate has been trending lower on Thursday after US Jobless Claims ...
US Employment Continues Recovery Jobless Claims... [Published OANDA Forex Blog - Oct 09 2014]
The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market. Initial claims for state unemployment benefits dropped ...
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