Uneven Recovery, Noise & Ignorance: Why People Missed the...
View Why So Many Hate This Recovery There are three main reasons for the pessimism. Bloomberg, November 16, 2015. \There...
Service Sector Makes up 85% of the US Economy
Nice chart: Source: Deutsche Bank Torsten Sløk: The data this week for manufacturing ISM and nonmanufacturing ISM continues to...
Stephen Moore Unwittingly Advocates for Higher Minimum Wages
@TBPInvictus here. In the wake of last Friday’s October jobs release, conservative economist Stephen Moore (Heritage Foundation,...
Five Conclusions to Draw From NFP Report
There are five conclusions to draw from this report: 1) We now know that the NAIRU for the US economy is 5.0% 2) The anecdotal evidence...
Stop Hyperventilating Over U-6
@TBPInvictus here. Since the economy’s been more or less chugging along like The Little Engine That Could, those with an agenda are...
The day so far and what it may be
It was October 2nd, the date of the last payroll number that the stock market rebound really got going as after a 30 pt drop in the...