Highlighting the fact that markets anticipate economic events, we see payroll picture is finally improving. Although this post-recession cycle clearly lags previous recoveries, job creation is finally moving in the right direction.
This graphic will be significant for both the broader economy as well as the closely contested U.S. Presidential election.
At Least the Contrarians Are Smiling
Unwinding the “carry trade” via Bank Mergers
High gas prices tarnish SUV’s appeal
Blind Into Baghdad
Lobbyist Spending Increasing
Was the Bubonic plague a virus?
Quote of the Day:
“The average investor desires to be told specifically which particular to buy or sell. He wants something for nothing. He does not wish to work
– William Lefevre Reminiscences of a Stock Operator, 1928