Today’s Jobs Report Is Important, But Not For The Reasons You’re Given

TV noise

Summary: 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.  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 … Continue reading Today’s Jobs Report Is Important, But Not For The Reasons You’re Given

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The March jobs reports shatters dreams, but might point to a stronger future for America

Summary: 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.  This is the second of … Continue reading The March jobs reports shatters dreams, but might point to a stronger future for America

Today’s Job Report Shows The Madness Of Our Situation – Ignore At Your Peril

Summary: 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).  This is the second of today's posts. The first estimate of … Continue reading Today’s Job Report Shows The Madness Of Our Situation – Ignore At Your Peril