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Category: unemployment

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

July 2, 2017July 2, 2017

If you were following along last week, then you already know what to look for

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

June 11, 2017

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

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

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

June 2, 2017June 2, 2017

Well, the May jobs report seems to suggest that #MAGA may be on hold for

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Jobs Report Misses Bigly; Dollar, Yields Dive

June 2, 2017June 2, 2017

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%

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2 Comments on Jobs Report Misses Bigly; Dollar, Yields Dive

Here’s Your Last Chance To Preview Friday’s “All-Important” Jobs Report

June 2, 2017

Let’s “make average hourly earnings great again!”

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1 Comment on Here’s Your Last Chance To Preview Friday’s “All-Important” Jobs Report

Albert Edwards Explains Why He Wasn’t Wrong & Delivers The “Bottom Line” For US Companies

May 18, 2017

Yes, “how wrong” I/we was/were.

Or was “we”?

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What Does An Overheating Labor Market Mean For Stocks? I’m Glad You Asked.

May 9, 2017

“We estimate that a 100 bp acceleration in labor cost inflation would pose a 2% headwind to Russell 2000 EPS, roughly double the 1% impact we estimate for the S&P 500.”

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1 Comment on What Does An Overheating Labor Market Mean For Stocks? I’m Glad You Asked.

Jobs Report Beats

May 5, 2017May 5, 2017

U.S. April Nonfarm Payrolls Rose 211k; Unemp. Rate at 4.4%

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Good News! There’s A 2/3 Chance This Recovery Will Be The Longest In US History

May 4, 2017May 4, 2017

“The bad news is that medium-term recession risk is now rising.”

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1 Comment on Good News! There’s A 2/3 Chance This Recovery Will Be The Longest In US History

Like Trump, Janet Yellen Is Preparing Ill-Advised “Preemptive Strikes”

May 2, 2017

“What if progress on core PCE is more limited despite labor market overheating, and the Fed’s dual mandate dilemma persists?”

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1 Comment on Like Trump, Janet Yellen Is Preparing Ill-Advised “Preemptive Strikes”

Fox News Jumps The Shark With Ridiculous Saturday Tweet

April 29, 2017April 29, 2017

A lot of Americans still don’t understand the difference between news with a liberal slant

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3 Comments on Fox News Jumps The Shark With Ridiculous Saturday Tweet

After Frozen Jobs Report, Goldman Says Economy Still On F*cking Fire

April 10, 2017April 10, 2017

“We think the labor market is at full employment, with a risk of overheating over the next 1-2 years given our forecast for growth.”

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“We’ve Come Too Far, There’s Too Much To Lose!” Composure Key As World War III Beckons

April 7, 2017April 7, 2017

If ever there were a time when the phrase “that escalated quickly” was appropriate, this

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oil3 Comments on “We’ve Come Too Far, There’s Too Much To Lose!” Composure Key As World War III Beckons

Is The “Full Employment” Meme A Myth?

December 23, 2016December 23, 2016

I talk to a lot of folks (both pros and retail guys/gals) about markets and,

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Rise Of The Machines Will Lead To “Communist-Style”, “Unconditional” Basic Income

December 22, 2016

I know someone who works at McDonald’s in New York state. This person makes $9.50/hour

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Monthly Letters

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