The unemployment rate in the US probably stuck at 4.3% last month, but it “wants”
Category: economy
‘Tariffs Are Killing Us’: Trade Taxes Prolong US Factory Recession
Could’ve been worse. But it was still pretty bad. That’s my take on Wednesday’s ISM
Ruh-Roh! Hammer Falls On US Labor Market
Ruh-roh! The US private sector lost 32,000 jobs on net in September, according to the
Now Hiring?
The good news is, job openings across the world’s largest economy stabilized after falling for
Gilded Age? Sure. ‘Golden Age’? Nah.
American households’ view on Donald Trump’s economy deteriorated “sharply” in September, Tuesday’s update on consumer
US Homeowners Suffer Third Straight Inflation-Adjusted Loss
If you’re a struggling renter locked out of the American dream, you can take some
Recovery Pending…
“How about those rates, huh?!” Wrote scores of desperate buyer’s agents in emoji-riddled emails blasted
It’s Jobs Week In America. Shutdown Depending.
It’s supposed to be jobs week in America, but like everything else in the country
Goldilocks. Or Something
Goldilocks! You gotta love it. Or love her, I guess. This week’s marquee US macro
Just Buy New, It’s Cheaper…
The bad news is, the pace of contract closings for “used” homes in America was
Huge GDP Revisions Make Mockery Of Fed Rate Cuts
Revised data can be trusted as long as it’s favorable, right? Asking for market participants,
Job Losses? Where?
US jobless claims. Occasionally, they spike. When they do, everybody “flips out, man.” (Shades of
New Home Sales Surge Amid Builder Incentives, But Average Price Soars
Put pervasive builder incentives and a meaningful decline in mortgage rates together in a cauldron
US Housing Sees ‘Strongest Buyer’s Market On Record.’ With A Caveat…
This time last year, home financing costs in the US bottomed around 6.15%. Over the
US Economy Has Best Quarter Of 2025, PMIs Suggest
Q3 was “the best quarter so far this year for US businesses.” That’s according to
OECD Lifts Growth Outlook But Warns ‘Downside Risks Loom Large’
The OECD on Tuesday raised nearly all its forecasts for the global economy to reflect
Traders Eye Core Inflation As Fed Drama Rolls On
The US data docket’s fairly busy this week, but it won’t feel like it. There’s
The UK As A Microcosm
This time last year, inflation in the UK was running below the Bank of England’s
New Construction Crumbles, Refis Soar As US Housing Inflects
New construction across America’s hopelessly beset housing market decelerated twice as sharply as economists expected
Builders Pray For Lasting Rates Relief To Rescue US Housing
Hope floats. Although the marquee measure of national homebuilder moods in America was woeful again
America’s Notorious Spendthrifts Have No Chill
Look out! US retail sales are comin’ in hot, dammit. The last top-tier macro release
In China, Nothing Doing
Stop me if you’ve heard this before: Policymakers in Beijing are still struggling to engineer
In Other News…
The September FOMC meeting isn’t the only event on the macro docket this week, although
Vibecession, Now With Job Losses!
Consumer moods in the US deteriorated early this month, according to the marquee gauge of
Jobless Claims Alarmism Kicks Into High Gear
Jobless claims in the US are still rising! Jobless claims in the US just spiked
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