Oxy, Xbox, Prison: 3 Reasons Young Men Aren’t Working In America

… but the far more important question is whether any of the three explanations posited above have any merit. Because if they do, we are in deep shit as a society.


Everything But The Kitchen Sink: Full Week Ahead Preview

Well, there’s not a lot going on in the week ahead and by that I mean there’s so much going on that you couldn’t plan for it even if you wanted to.

Goldman Raises December Rate Hike Odds After ‘Strong’ Payrolls Report

Bad news for stocks?

Jobs Report Misses Badly, Earnings Beats ‘Bigly’

U.S. Sept. Nonfarm Payrolls Fell 33k
Avg. hourly earnings 0.5% m/m, est. 0.3%, prior 0.2%

Analysts Weigh In On What You Thought Was An Unambiguously Bad Jobs Report

Ok, it’s time for everyone to try and read the tea leaves from the August jobs report, although honestly, this seems like one of those cases where most of what you need to know is in the headline prints. Now that doesn’t mean there aren’t some juicy nuggets (not the McDonald’s ones Trump likes) buried…

Manic Markets Reverse Jobs Knee-Jerk, But ‘There’s No Chance Of December Hike’

You want a reason to be dovish, you’ve got one now.

Dollar, Yields Fall As Jobs Report Misses

Well, it’s jobs day and there are a couple of ways you can approach the August print. 

Damned Data – Full Week Ahead Preview

Ok, so the overarching narrative for this week shouldn’t be materially different from last week – people will be concerned about the same things, namely the looming debt ceiling debate, the odds of a government shutdown which ebb and flow with whatever shows up on Trump’s Twitter feed, and the fallout from North Korea’s latest…

Jobs Report Beats

U.S. July Nonfarm Payrolls Rose 209k; Unemp. Rate at 4.3%

Avg. hourly earnings 0.3% m/m, est. 0.3%, prior 0.2%; Y/y 2.5%, prior 2.5% est. 2.4%

Jobs Report Beats, But Average Hourly Earnings Misses

U.S. June Nonfarm Payrolls Rose 222k; Unemp. Rate at 4.4%

Avg. hourly earnings 0.2% m/m, est. 0.3%, prior 0.1%

Jobs Report, Chilled Urine, And Kashkari’s Rib Roast: Full Week Ahead Preview

If you were following along last week, then you already know what to look for in the week ahead. After the hawkish procession in Sintra, Portugal, which catalyzed an impressive euro rally and led directly to sharply higher DM rates, it’s now all about how markets attempt to price the beginning of the end for accommodative…

Yeah, So The Fed Is Going To Hike Into A Deflationary Backdrop

“But the inflation data has to be concerning, especially as long term inflation expectations have now completely retraced their post-election increase.”

Citi’s Jobs Post-Mortem: It Won’t Derail The Fed

Still a go.

Black Unemployment Rate Falls To Lowest Since 2000; Bannon, Sessions Furious

Well, the May jobs report seems to suggest that #MAGA may be on hold for the time being although as Trump patiently explained on Thursday, killing the environment should help America avoid “bigly” NFP misses like the one we got on Friday morning. The bad print also underscores precisely what SocGen warned about earlier today.…

Jobs Report Misses Bigly; Dollar, Yields Dive

U.S. May Nonfarm Payrolls Rose 138k; Unemp. Rate at 4.3%
Avg. hourly earnings 0.2% m/m, est. 0.2%, prior 0.2%, Y/y 2.5%, prior 2.5% est. 2.6%