Employment
81 posts
The Great Normalization
Oops: Bloomberg reported on Tuesday after the stock market closed, that the Department of Justice (DOJ) had sent Nvidia a…
Don't Sweat Tomorrow's Payroll Revisions
Tomorrow, the Bureau of Labor Statistics (BLS) will release its Quarterly Census of Employment and Wages (QECW) for the 12…
Beryling Toward Rate Cuts
Some macroeconomic storm clouds are brewing. Markets are fleeing for shelter in Treasuries, leaving behind almost everything else, including their…
Rotating Market Betting On Pivoting Powell
This is what Fed Chair Jerome Powell is likely to say at his presser tomorrow: "The economy has been…
The Economic Week Ahead: July 29-Aug 2
The week ahead is packed with economic indicators, but all eyes will be on the Fed's interest rate…
An Earnings-Driven Bull Market
Yesterday, we suggested that the stock market selloff since the July 16 record high in the S&P 500…
The Economic Week Ahead: July 1-5
We know there will be fireworks on July 4th. The question is whether we should expect any blasts or just…
Confidence Survey Shows Jobs Are Still Relatively Plentiful
The first available monthly indicator of the labor market is the "jobs plentiful" series in the Consumer Confidence…
The Recession Claim
One of our competitors claims that we are in a recession. Another claims that we will soon be in a…
Powell Says No Stag, No Flation.
Fed Chair Jerome Powell wasn't dovish at his presser today. But he wasn't hawkish either. He…
Look For The Union Label In Latest ECI Inflation Rate
Today's Employment Cost Index (ECI) for Q1 was another hotter-than-expect inflation report. It came out just as the…