As noted, markets liked the soft jobs data, believing it makes an end to Fed hikes more likely sooner than later. However, as much as...
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Well, the markets liked it. NFP’s soft number 138k number for April — and the 36,000 downward revisions for the prior two...
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Yes, its that time again: Another non-farm payroll has rolled around. Consensus is for 205,000 new jobs. As I did last month, I am taking...
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There is an old market saw about how the leaders from one bull market are not the leaders in the next bull market. That’s true for...
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Sales of existing homes surprised to the upside yesterday. But one data point does not make a trend. This is the first rise (sequential...
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Back in February, we noted the Ned Davis Study that concluded once the Fed hikes stop, markets fall. Then this week, we looked at...
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>Floyd Norris wades into the Unemployment debate. Over the weekend, the NYT columnist compared the current unemployment figures...
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Barron’s jumps on the "We Have Inflation" bandwagon this week, with two editorials acknowledging what Big Picture readers...
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> Bloomberg reports that a "Revolutionary" Federal Reserve study is "shaking economists’ forecasts by suggesting...
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"So much for the inverted yield curve." >Or so says a recent Bloomberg column. If I read this correctly, any inversion that...
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