Chuck Mikolajczak (@ChuckMik) header
Chuck Mikolajczak (@ChuckMik) profile picture

@Reuters U.S. markets correspondent-views are mine alone. Brooklyn born and bred - Yankees, Isles and Jets, go figure. Longstanding Knicks boycott.

New York, NY
Joined February 2011
Photo by Chuck Mikolajczak (@ChuckMik)Photo by Chuck Mikolajczak (@ChuckMik)Photo by Chuck Mikolajczak (@ChuckMik)Photo by Chuck Mikolajczak (@ChuckMik)Photo by Chuck Mikolajczak (@ChuckMik)Photo by Chuck Mikolajczak (@ChuckMik)Photo by Chuck Mikolajczak (@ChuckMik)Photo by Chuck Mikolajczak (@ChuckMik)Photo by Chuck Mikolajczak (@ChuckMik)Photo by Chuck Mikolajczak (@ChuckMik)
Jehoshaphat Research is pleased to share some good news about your right to speak freely. We have obtained a partial summary judgment court ruling that our February 2023 report relating to Techtronic’s accounting, financial condition, and management were not defamation as a matter of law. This is an important and courageous ruling that vindicates the First Amendment rights of individuals to comment on the activities of major corporations. Separately, the Court’s ruling permits Techtronic to continue to pursue its claims regarding a follow-up report we wrote in June 2023, in which we discussed Techtronic’s relationship with Home Depot. We will continue to defend ourselves against those claims. Our arguments will speak for themselves, in open court. We also intend to post updates of the case on our website in our new “Lawsuits” section.
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I’m done here. Keeping this open for communication purposes but my god what a hellhole this has become. Not posting anywhere except sweet home Alabama bsky.app/profile/chuckmik.bs…
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Jan nonfarm #payrolls +143k vs +170k est; unemployment rate +4.0% vs +4.1% est #economy #markets #trading #NFP
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Initial claims +219vs +213k est: Q4 prelim unit labor costs +3.0% vs +3.4% est, productivity +1.2% vs +1.4% est #economy #markets #trading
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Dec personal income M/M +0.4% vs +0.4% est, Adj consumption +0.7% vs +0.5%; #PCE M/M +0.3% vs +0.3%, Y/Y +2.6% vs +2.6% est; Q4 employment costs +0.9% vs +0.9% est #economy #markets #trading
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initial claims 207k vs 220k est; Q4 Adv GDP 2.3% vs +2.6% est #economy #markets #trading
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Dec durable goods -2.2% vs +0.6% est #economy #markets #trading
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Initial claims +217k vs +210k est; Dec import prices M/M +0.1% vs +0.1% est; export prices +0.3% vs +0.2% est; Dec retail sales M/M +0.4% vs +0.6% est, retail control +0.7% vs +0.4% est, Jan Philly Fed +44.3 vs -5.0 est #economy #markets #trading
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Dec #CPI M/M +0.4% vs +0.3% est, Y/Y +2.9% vs +2.9% est; core CPI M/M +0.2% vs +0.2% est, Y/Y +3.2% vs +3.3% est; Jan NY Fed Mfg -12.60 vs -3.00 est #economy #markets #trading
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6,491
Dec PPI M/N +0.2% vs +0.3% est, Y/Y +3.3% vs 3.4% est #economy #markets #trading
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Dec nonfarm #payrolls +256k vs +160k est; unemployment rate +4.1% vs +4.2% est #NFP #markets #stocks #trading
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Initial claims +211k vs +219k est; cont claims +1.844 mln vs +1.890 mln est #economy #markets #trading
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Should be 222k est, prior 219k
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Nov Adv whole sales inventories -0.2% vs +0.2% est; Adv goods trade balance -102.86 bln vs -100.65 bln est #economy #markets #trading
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*wholesale not "whole sales." TGIF
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Nov personal income +0.3% vs +0.4% est, adj consumption +0.4% vs +0.5% est; #PCE M/M +0.1% vs +0.2% est, Y/Y +2.4% vs +2.5% est; Core PCE M/M +0.1% vs +0.2% est, Y/Y +2.8% vs +2.9% est #economy #markets #trading
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Nov #housing starts +1.289 mln vs +1.343 mln est, permits +1.505 mln vs +1.43 mln est; Q3 current account -310.9 bln vs -284.0 bln est #economy #markets #trading
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Nov retail control +0.4% vs +0.4% est, retail sales +0.7% vs +0.5% est, ex-autos +0.2% vs +0.4% est #economy #markets #trading
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Nov import prices M/M +0.1% vs -0.2% est; export prices 0.0% vs -0.2% #economy #markets #trading
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Initial claims +242k vs +220k est; Nov #PPI M/M +0.4% vs +0.2% est, Y/Y +3.0% vs +2.6% est #economy #markets #trading
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