China was the only major economy that managed to grow in 2020, a bitter pill
Category: Markets
Maybe Xi Should Stop Engineering Bear Markets In Hong Kong
When authorities in Beijing blindsided markets by cracking down on Didi just days after the
Jobless Claims Tick Higher Amid Ongoing Labor Friction
373,000 Americans filed for unemployment benefits last week, more than anticipated. The prior week’s level,
The Growth Scare Is Here
Over the past two weeks (give or take), I’ve argued that markets were teetering precariously
Are You Awesome?
“Where are all the job seekers?,” asked The Indeed Hiring Lab, in the color accompanying
Technocrats And Their Deliberations
Why did a handful of technocrats raise their projection for where the panel on which
Sand In The Gears
US job openings rose 16,000 to 9.21 million at the end of May, the BLS
The Danger Of False Optics
The bond rally accelerated early Wednesday in the US, which was a story in itself.
‘Reckless And Irresponsible’
Marco Rubio is irritated. Specifically, he’s disturbed that Didi, the Chinese ride-hailing giant whose stock collapsed
Wanted: Someone To Serve These Drinks
Activity in the US services sector is robust, but perhaps cooling at the margins. That’s
The Perils Of Normalization
Not all “notables” make for the most exciting reading. In fact, some notables are downright
From Xi, With Love
If you thought China was done harassing its home-grown tech giants, you were sorely mistaken.
A Somnolent Summer Drift?
You might be inclined to suggest the holiday-shortened week is destined to be an uneventful,
Would-Be Contrarians Ponder Ultimate Stock Oxymoron
So, you want to be a contrarian? Well, prepare yourself for the ultimate paradox. In
Buying In A ‘Dull Market’
I joked Friday about “large numbers” and the irresistible urge to deploy them in the
‘Choppy In Coming Months’
The S&P hit Goldman’s year-end target this week. And then it kept on going. Eventually,
The Myth Of Controlled Market Demolitions
If you take your cues from the pantheon of market “legends” who appear weekly in
A Day In The Life
I’m sympathetic to “Wow ’em with big numbers” analysis. I really am. There was a
‘Numbers!’ Under The Hood Of The June Jobs Report
The US economy added more jobs than expected in June, a welcome development to be
‘Just’ 6.8 Million To Go!
The world’s largest economy added 850,000 jobs last month, the BLS said Friday. The headline
DNUT In The HOOD
Something important happened on Thursday. 130 nations and jurisdictions signed onto an agreement to set
Before We Dismiss The PhDs…
It’s easy to make inflation jokes these days. They write themselves. But the punchlines feel
‘No End In Sight!’ US Manufacturing Beset By Disruptions, Shortages
US manufacturing activity was robust in June, while price pressures continued unabated. That was the
US Jobless Claims Fall Most In Months As Uptick Proves Fleeting
After consecutive disappointments, jobless claims were back on track in the week to June 26.
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