NFP: 88k (and I don’t believe even that)
The Payroll numbers are out, and they are not particularly pretty: 88,000 new jobs were created in April, according to BLS. This is the...
NFP: The Return of the Over?
Some time ago, we retired the Over/Under bet on the monthly NFP. The initial number gets so significantly revised, that the first release...
GDP Ex Housing
Despite the weather improving in March, pending sales of existing homes decreased at a seasonally adjusted annual rate of 4.9%; Sales...
Week in Preview
This week will be about Earnings and Payrolls. Following that fugly GDP number, Friday’s NFP is taking on greater importance...
Housing Slowdown Sector Impact
Yesterday, we picked up Dan Gross’ challenge as to what other sectors the Housing slowdown was making its impact felt. Our experiment...
More on Mortgage Equity Withdrawals and Consumer Spending
I don’t see how any intelligent, observant, intellectually honest person can claim that there has been zero impact on consumer...
Capital Commerce Debate, Part 4 Chart
The following charts are for part 4 of the great Ritholtz/Luskin debate. Present Jobs Recovery: Worst in post WW2 era Graphic courtesy of...
The Capital Commerce Debate
Over at US News & World Report, I am engaged in a debate on the state of the Economy with none other than Don Luskin. It will run...
How Blogging Can Help You Get a New Job
Since we have been discussing Blogging so much lately, and today is positivity day, let’s briefly discuss this article in...
Global Boom ?
We’ve mentioned the Recency effect several times of late. You can see no better example of this cognitive bias than in David...