Summary:Â It’s time for the monthly festival of misinformation about the jobs report! It shows two key trends giving bad news for investors, the Fed’s governors, Team Trump, and America. Â They shatter the dreams of growth that flowered in 2015 (for the third time in this expansion). This is the second of today’s two posts. May’s …
Today’s Jobs Report Is Important, But Not For The Reasons You’re Given Read More »
Summary:Â It’s time for the monthly festival of misinformation about the jobs report! It is ugly news for investors, the Fed’s governors, and Team Trump. But it might — perhaps — point to a stronger future for America. The Roman god Janus sees both sides of the news. So should we. Â This is the second of …
Summary:Â It’s time for the monthly festival of misinformation about the jobs report! The report must be described as exciting in order to generate trade commissions for brokers, clicks for journalists, and triumphs for politicians. Here’s the bottom line (it’s more interesting than the spin). Â This is the second of today’s posts. The first estimate of …
Today’s Job Report Shows The Madness Of Our Situation – Ignore At Your Peril Read More »
Summary: Nothing has changed during the past year, except that the US stock market has zoomed to near-record valuations, With no visible support in Fed policy, or corporate and economic fundamentals. The economy remains locked in slow growth. The exciting growth stories are mostly noise or cherries picked from the flood of economic numbers. Are …
A stagnant economy and a booming stock market, destined to realign eventually Read More »
Summary: the key things to know about today’s job report. Â (Second of two posts today.) The December job numbers show that nothing has changed. The US economy remains locked in slow gear, slowly slowing. The exciting stories about growth are mostly noise or cherries picked from the flood of economic numbers. Combined with a hawkish …
The Red Warning Flags In Today’s Employment Report Read More »
