CPI 0.5% vs. 0.2% est., –0.2% prior
CPI ex-food/energy 0.2% vs. 0.2% est., 0.3% prior
Jobless claims 408K vs. 400K est., 395K prior
NTAP CFO:
“You’ve seen the macro economic backdrop,” Gomo said in a phone interview. “Clearly, there’s something going on in the macro. What we saw was a fairly dramatic slowdown in the last three weeks of July.”
He added: “Our business was doing just fine through June, and then all of a sudden, we started seeing a pretty broad slowdown.”
He said the slump was most pronounced in the federal and financial services markets, as he also noted the uncertainty brought about by the debate over the U.S. debt ceiling and the financial crisis in Europe.
“The past six weeks have been incredible,” Gomo said. “We’re in unprecedented waters right now.” Link
John Paulson’s Advantage Plus fund –33.5% YTD as of last Friday. Link
NYTimes on “decision fatigue”. Eat and sleep well traders! Link
Justice Department is investigating S&P for mortgage security ratings. Link
Apple is squeezing their suppliers’ margins. Link
S&P reiterated that France’s AAA rating is stable. Link
Big bounce in Nintendo 3DS sales in Japan after the price cut. Link
List of 3DS component suppliers. Link
EB+ QIHU
EB- JDSU NTAP IRF SHLD Link