This means that the data which shows a negative correlation between stock performance and GDP, has less data in it, and its negative correlation is only roughly 24%, while the analysis which shows a positive correlation between stock returns and GDP has a correlation of 66%.
The new normal is more of the same: a mixed bag of positive and negative news and data, with the negative outweighing the positive on balance.
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The Goldman analyst notes that there have been a plethora of negative data points on the handset sector in recent weeks, including negative pre announcements from Research In Motion, HTC and Nokia, and weaker shipment targets at Huawei and ZTE.
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The number complemented negative manufacturing data from Europe and Asia that led to negative sentiment across the Old Continent.
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European data were euro-negative, while the U.S. data certainly were dollar friendly and this has added some strength to the greenback side of this pair.
The Eurozone markets were also higher for the week despite more negative data regarding their economies.
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Canada stayed in step with the rest of the world today by posting its own negative data.
Even with all of the dollar negative data though, the support zone slightly below 1.0300 has held sturdy.
Whether by drug companies hiding negative data or device makers cutting deals with doctors and hospitals, corruption, legal and otherwise, threatens our health.
The negative data hurt shares in Japan's construction equipment makers and sent the benchmark Nikkei 225 index down 1.44%, to close at 13, 017.24.
New York Attorney General Eliot Spitzer sued Glaxo in 2004 for not disclosing negative data that linked Paxil to suicidal thoughts in children.
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Consumers seem to be turning a shoulder to negative data as well, as reports that attempt to gauge consumer sentiment inch up amid an uncertain atmosphere.
The US dollar soared against its counterpart to the north earlier today as negative data in Canada combined with falling oil prices to weaken the loonie.
U.S. economic data was mildly negative on Tuesday, with a couple of housing reports showing the residential real estate market remains depressed, while consumer confidence slipped.
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The market has been so overwhelmed with wave after wave of strong earnings that this news has overpowered any negative data that previously were hindering the stock market.
While the data in the UK was predominately positive, once again the US related data held a negative tone as Retail and Core Retail Sales continued to slide in June.
The suit alleges that, despite the negative data, on at least nine occasions during the clinical trial period--January 1998 through November 1999--BMS execs and its paid consultants heaped praises on the drug.
Instead, and what may be a first indication that we are moving back into the mindset where any negative data, including that out of the US, has the tendency to strengthen the US dollar on safe-haven buying.
The SEC said in its complaint that Sidney Gillman, a doctor who moonlighted as a medical consultant, tipped CR Intrinsic portfolio manager Mathew Martoma with safety data and eventually negative results in the trial of the drug made by drug firms Elan Corp. and Wyeth two weeks before they were made public in 2008.
It is clear that Alfred Little presents the data in the most negative way possible.
The overflow crowd heard him expound on key themes from his book, particularly his strident view that the pharmaceutical industry hides negative clinical data.
Jamie Cox, managing partner at Harris Financial Group, agrees that negative unemployment data will be a factor in the tax legislation for the next year.
Following a summer full of negative US data, the FOMC chose only to keep their balance sheet the same size and not allow it to shrink.
It seems the real theme today though is the negative UK data combining with long positions finding a great area to take some profit and this has put pressure on the pound.
With equity markets have experienced a massive correction in the last several sessions, negative economic data appears to have been brushed off by traders who have executed what amounts to a relief rally.
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If the US continues to pump out negative economic data likes it is its job though, 1.3000 could easily break way and a run to the next zone of 1.3100 to 1.3120 could be in order.
Even with the negative Chicago Fed data though, the loonie may still struggle to push through the 25 pip wide support zone found just below 1.0300.
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