Today was one of those days. A flurry of new data about the economy all of which left us exactly where we were. I suppose [more…]
Today's employment report looks good. It's as simple as that. We don't even need to spend time to pick apart its nuances. There aren't many.
There was a flurry of economic news this week, most of which was encouraging. The economy is in decent shape. Not great, just decent.
I would be remiss not to remark on this week's employment news. The economy added a decent 155,000 jobs in December. Coincidentally that is almost [more…]
The Fed has shocked some people today. I don't think it shocking at all. I see today's announcements as the continuance of a trend, so [more…]
Don't you hate it when the best answer to that question is a variant of: "well, it depends"?
But it does.
It depends on whether [more…]
It's been a long break occasioned by a string of visitors. What happened in the interim? Not a whole lot. Washington is now deeply immersed [more…]
Today's government report on employment brings welcome news: the recovery is generating jobs, and the pace seems to be steady.
The economy created 171,000 new [more…]
Be careful with today's ADP report on private sector employment, a switch in methodology and economic forecasting partner could muddy the trend line for a [more…]
In a week of little news about the state of the economy, today's weekly report on new claims for unemployment assistance comes as a nice [more…]