Conflicting Trends: Inflationary Wage Increases and Rising...
Short but sweet from Barron’s Alan Abelson this morning: "How bad was the employment report? Bad enough. Compared with the...
Where are the bodies? In line at Unemployment
During yesterday’s discussion with Doc Yardeni, he described an economy with employment so full that we couldn’t possibly...
Where are the Household survey Bulls?
Usually, when we have a lousy NFP number, the Household survey Bulls come out, touting the superiority of that metric. Their...
NFP: Final Piece in Fed Puzzle?
Everyone’s favorite datapoint is out today: Non-Farm payrolls gets released at 8:30. Of course, I am sticking with the...
Short versus Long Term: The Topping Process at Work
NOTE: This Trading alert was originally posted at Ritholtz Research & Analytics on Thu 8/3/2006 3:05 PM EDT; An email went out...
The Cognitive Bias of Ed Yardeni
One of the more astonishing things I’ve come across recently was an utterly disingenuous article in Sunday’s Times:...
Jobs Report Redux
Last weekend, in Redux: Household versus Establishment Surveys, we noted the silliness of trying to make the BLS Household Survey somehow...
Chart of the Week: Leading Indicators Point To Employment...
Has the US labor market has had its day? “Analytically, this expectation is based on a deceleration in GDP growth primarily caused by...
ADP: Stick to Your Knitting
One of the more interesting issues I observed last week (albeit from a distance, margarita in hand) was the pre-NFP excitement generated...
Redux: Household versus Establishment Surveys
One last item: "The Labor Department’s payrolls report is also at odds with its own survey of households, which is used to...