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.
Nonfarm Payrolls (% change from recession end)
Source: BLS, Chart of the Day
This graphic will be significant for both the broader economy as well as the closely contested U.S. Presidential election.
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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
Paging Brad Delong
This chart shows the need for progressives to come up with some sort of measures economic health along the…
Paging Brad Delong
This chart shows the need for progressives to come up with some sort of measures economic health along the…
Paging Brad Delong
This chart shows the need for progressives to come up with some sort of measures economic health along the…