Weird, Wild And Crazy
On Friday, someone described the November jobs report as “one of the weirdest I’ve ever seen.” I’m not sure I’d put it that way, but
Under The Hood Of The November Jobs Report
Apparently, November’s US jobs report admitted of “too many takeaways” to quickly process. That was one strategist’s assessment, as communicated to Bloomberg on Friday morning.
Good News Is Definitely Bad News Now
For once, “scorching” isn’t hyperbole. The US services sector is on fire, according to the last of this week’s top-tier US data. At 69.1, ISM
Jobs Report Misses Big, But Unemployment Rate Drops Sharply
The US economy added just 210,000 jobs last month, the government said Friday. The headline NFP print was the lowest of 2021 and represented a
‘I Quit. No, You’re Fired.’
“You’re fired.” “No, I quit.” That, in a nutshell, describes the state of play for US-listed Chinese shares. US regulators and China hawks on Capitol
In Turkey, An Autocrat Goes All-In
After years spent living in denial, emerging market watchers finally came around to the reality that Recep Tayyip Erdogan is an incorrigible autocrat. Market participants
Germany’s State Of Exception
Someone, somewhere is aggrieved. Germany on Thursday agreed to institute sweeping restrictions on the unvaccinated in an effort to put the brakes on the country’s
Markets Turn ‘Shockingly Dysfunctional’
If you get the feeling markets are dysfunctional, it’s not just your imagination. Over the past week, both bonds and stocks have been a mess,
Jobless Claims Stay Low, Congress Averts Government Shutdown
A week after falling to the lowest level since 1969, US jobless claims rose. But not as much as anticipated. 222,000 Americans filed for unemployment
Apples, Hawks And Boosters
Uncertainty lingered on Thursday, as traders assessed a smattering of Omicron headlines, more relatively hawkish Fed banter and reports of weakening demand for Apple’s iPhone
Kolanovic Asks: What If Omicron Ends Up Being Bullish?
JPMorgan’s Marko Kolanovic has a few questions about the Omicron variant and associated turmoil across assets, especially those tethered to global growth and the cycle
Adaptation
Can you blame them? That’s what I’d ask of anyone inclined to criticize retail investors and sundry day-traders for their generally unshakable conviction when it
None Of It Was Transitory After All
It was an “in line” kind of day for US data. Shortly after ADP said private employers added 534,000 jobs last month, matching consensus estimates,
Employers Add Half-Million Jobs As Omicron Looms Over December
US private sector employers added 534,000 jobs in November, ADP said Wednesday. That was slightly ahead of estimates and appeared to bode well for Friday’s
OECD: Vaccinate The World. It’s A Lot Cheaper
The OECD had a simple suggestion for advanced economies on Wednesday: Vaccinate the world. It’s a helluva lot cheaper than burning through trillions rescuing economies
Load More
