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U.S. Day Ahead: More signs of a sluggish economy ahead

Wednesday, June 05, 2013 - 01:54

June 5 - Don't expect any positive surprises from first time jobless claims on Thursday, according to one economist.

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As stocks tumble investors will focus on the latest snapshot of the jobs market on Thursday morning first time jobless claims are expected to stay out of got a sluggish 350000. Level according to IFR. -- economist told insider and don't expect any positive surprises. I need to see a lot of strength department azalea job I don't think the problem drifting street if you're gonna stay there and favored to do that in this environment -- this job growth and I consider that quite -- -- And don't forget all this comes one day before Friday's highly anticipated jobs report. Expect GM shareholder meeting to be dominated by the news the US government is selling thirty million shares -- the company investors will want to know how CEO Dan Akerson plants to grow the company and boost profit. I want the money returned to them in some kind of dividend per share buyback they wanted to timeline that. And they also want -- to receive the money coming in from the new pickup trucks which have just gone on sale. Citi is estimated GM could see an additional one billion and operational earnings this year -- next year. And markets like what AC GM stock has soared over 65%. In the past year. Also pay attention to the weekly mutual funds flow numbers from lever our Reuters wealth management teams as focused on any news about the floats between stocks and bonds. Last week's stock mutual funds gained only -- 117 million dollars the lowest since the start of the year. On that whole Japanese stocks gained just 418. Million dollars. -- -- turnout since early April. Follow us on Twitter writer is insider and get more of our videos and Reuters dot com slash Ritter's TV. And don't miss our interview with the CEO of Raymond James Financial Paul -- we asked him how investors should prepare for a knee and -- Fed's massive stimulus program. I heard that your mom is writers.

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U.S. Day Ahead: More signs of a sluggish economy ahead

Wednesday, June 05, 2013 - 01:54