The official number “simply does not reflect the reality of the US labor market”.Â
Category: economy
Jobless Claims Better Than Expected, But Stalled Re-Opening Push Looms Large
Congress will debate the contents of an assumed next round of virus relief later this month.
US Services Gauge Logs Biggest Jump In History. So There’s That.
Employment still looks shaky, though.
Door Number Three
“Where the prophet of doom sits”.
Goldman: US Recovery To ‘Stall’ Amid ‘Dramatic’ Virus Surge
“…officials have paused or reversed reopening in states containing more than half the population”.
No Good Answers (Crunch Time)
“…we see a high risk of a more orderly setback for risk assets”.
China Rising. Europe Trying. Brits Drinking.
Responsible behavior.
Now For The Bad News From The June Jobs Report…
For many, “temporary” precarity has become permanent.
Blockbuster: US Economy Adds 4.8 Million Jobs In Eye-Popping June Payrolls Report
Now questions will turn to the necessity (or not) of another stimulus package.
The Tension Is Thick. But Not As Thick As The Summer Air
…a perfect super spreader event, I might add.
Prayers And Fundamentals.
Joie de vivre.
Optimists Get More Ammo As ISM Climbs Higher
Still, it’s a long climb out of this dark basement.
Is The US Labor Market Back? Wild Revisions And Rampant Ambiguity
Getting a “clean” read on things is well-nigh impossible.
You’re Under Arrest. (Welcome To The Third Quarter)
On that happy note, the third quarter (and second half) of 2020 is underway.Â
Facing Bankruptcy During The Best Quarter For Stocks Since 1998
What a juxtaposition.
Fiscal Cliffs And New Lockdowns Undercut Signal From June Data
In the simplest possible terms…
The Data Is Playing Along
And yet, it all hinges on the jobs report.
Hopefully, So Far, For Now
Investors face an uncertain future after historic rally.
Will A Still Elevated Personal Savings Rate Undercut The Next Virus Relief Bill?
Friday’s data is mostly indecipherable, but there are some takeaways.
Jobless Claims Miss Again As Labor Market Outlook Still Murky
This makes two weeks in a row.
‘At Least It’s Moving’: That About Sums It Up For US Economy
So, we’ve got that going for us.
IMF Delivers Dour New Economic Projections. Says This Is ‘Crisis Like No Other’
“The recent rebound in financial market sentiment appears disconnected from shifts in underlying economic prospects”.
Albert Edwards: ‘This Is Exactly What The Ice Age End-Game Always Was’
“The veil is finally being lifted”.
Just Send The Checks.
“You know what they say”…
US Economy ‘Deeply Scarred,’ As PMIs Show Tepid, Albeit Readily Perceptible, Recovery
“Continual vigilance by the Fed… will therefore be required”.
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