The BLS reported Friday that average hourly earnings rose by 2.1% on a yearly basis to $23.80 in August, but down from $23.83 in July.…
The big news shouldn’t be the nonfarm payrolls number. The big news is the fact that the number is almost certain to be proven materially…
Today’s initial jobless claims release is another piece of evidence that Friday’s jobs data should beat the consensus giving the Fed an excuse to announce…
Friday’s monthly nonfarm payrolls data from the BLS should easily beat consensus expectations. Here’s why. Withholding taxes, which constitute the bulk of the Federal government’s…
This video by Wall Street Examiner Productions answers the question. If you are receiving this by email, click here to view. From mid November 2012 just…
As the media report a decline in the number of contracts to purchase existing homes in July, the truth is a little different. They’re talking…
Forget the severely lagged and smoothed Case Chiller Index which reported that the median US house sale price in June was up 11% year over…
The headline number on durable goods orders was shockingly bad, which we all know is bullish. For a change the SA data wasn’t misleading. Underlying the seasonally…
Industrial Production slowed in July, while stock prices were bubbling away. QE apparently caused a stock market bubble but it has not boosted production. The…
The St. Louis Fed updated its weekly Financial Stress Index today. It looks pretty innocuous. According the fine folks who produce FRED, the big chart…