Remember when labor, as an economic actor with clout, was back? No? Me neither, but
Category: economy
‘Vibecession’ Lives On As Poor Sentiment Belies Red-Hot GDP Tracker
“Kitchen table issues.” That’s what Americans are concerned about, not so much which Chavistas are
Trump Resorts To Gimmicks To Revive Moribund US Housing
It’s a good thing Donald Trump’s going to rescue the US housing market by “asking”
US Hiring Tepid After Sharp 2025 Slowdown
The first “clean” (that probably needs more scare quotes) read on the US labor market
Layoffs Soar, Hiring Plunges In Year One Of American ‘Golden Age’
I’ll start with the good news. Job cuts halved in the US last month versus
Trump Moves To Ban Private Equity From Housing Market
“I thought you were my friend!” shouted the private equity baron to the real estate
US Services Sector Heats Up As New Orders Soar
The US services sector’s doing just fine, thank you very much. On the heels of
Private Hiring Stabilizes In America
Good news: Overall private sector hiring in the US rebounded late last year as small
In American Manufacturing, It’s ‘Cold And Bleak’
The first of this week’s top-tier US macro data suggested America’s factories remained mired in
Macro Vs. Maduro: US Jobs Data Overshadowed By Geopolitics
This week’s news flow will be heavy on geopolitics for obvious reasons, but there’s quite
Xi Congratulates Himself On ‘Extraordinary’ 2025 For China
Congratulations to China. When all the math’s done and the meat thermometer confirms the books
US Home Price Growth Loiters Near Multi-Year Low
Breaking old news (there’s a joke there, don’t miss it): US home values rose at
Are Everyday People Catching Up To The Housing Bubble?
Surprise, surprise: Contract signings in America’s otherwise frozen resale property market posted another outsized advance
Bessent Floats Change To Fed’s Inflation Mandate
“Well, Martha, in case you don’t know, I’m actually a soybean farmer. So, I have
Epic Buyer’s Market Fails To Break US Housing Deadlock
If you were curious, there are still nearly 40% more sellers than buyers in the
Don’t Look For A Recession In US Jobless Claims
If the plunge in initial US jobless claims witnessed in and around Thanksgiving was a
K-Shaped Capex
Although the “K-shaped” macro motif’s a bit tired by now, it has a lot of
US Economy Grew Rapidly Ahead Of Shutdown
The US economy expanded at a — get this — 4.3% clip in Q3, according
Year One Of American ‘Golden Age’ Ends With Rock-Bottom Confidence
Post your best frustrated Trump memes. Roll out the “golden age” jokes. Recycle the “vibecession”
The Christmas Trade
It’s Christmas week, and you know what that means: Celebrating the birth of a modest
A Frustrated Trump Shows Desperation On Economy
On December 17, Donald Trump delivered a bizarre, prime time address to American voters. The
If You Simply Can’t Afford It, Nothing Else Matters
Earlier this week, I mentioned in passing that home listings in the US posted their
BLS Credibility Deficit Worsens As CPI Math Panned
Needless to say, the BLS didn’t do itself any favors in the credibility department with
US Inflation Suddenly Collapses In ‘Lucky’ Break For Trump
I don’t know what we’re supposed to make of Thursday’s inflation report from Donald Trump’s
Divided And Unpopular, BoE Resumes Rate Cuts As Joblessness Surges
You can thank “subdued economic growth and slack in the labor market” for a holiday
Tax Hike Goes Wrong As UK Youth Unemployment Soars
Ahead of what’s now a guaranteed rate cut from the Bank of England on Thursday,
The Most Convoluted US Jobs Report Ever
The US labor market’s sputtering. If you had to extract a takeaway — the overarching
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