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Less Helped Wanted
Employment· · 1 min read ·Members

Less Helped Wanted

There are still 1.8 open jobs per available worker. However, June's job openings dropped 605,000 to about 10.…

Dr Ed's Video Webcast 8/1/22
Video Webcasts· · 1 min read

Dr Ed's Video Webcast 8/1/22

We’ve been making the case that the latest bear market might have bottomed on June 16. So far, so good. Below…

Signs of Peak Inflation
Inflation· · 1 min read

Signs of Peak Inflation

Today was a good day for those of us expecting to see peak inflation soon. July's US manufacturing purchasing managers…

The Economic Week Ahead, August 1-5
Economic Calendar· · 2 min read ·Members

The Economic Week Ahead, August 1-5

Can you believe it’s August already? This week, we’ll get lots of data on business activity, employment, consumers, housing, and…

Where Are The Bond Vigilantes?
Bond Market· · 1 min read

Where Are The Bond Vigilantes?

The wage-price-rent spiral continues to spiral. Yet, the Bond Vigilantes, who were very vigilant at the start of the year, seem to…

Revaluing Earnings
Stock Market· · 1 min read ·Members

Revaluing Earnings

In the past few weeks, industry analysts started to shave their S&P 500 earnings forecasts for this year and next…

Tomorrow's ECI Could Be Bad News
Inflation· · 1 min read ·Members

Tomorrow's ECI Could Be Bad News

Q2's Employment Cost Index (ECI) comes out tomorrow morning. In his press conference yesterday, Fed Chair Jerome Powell assessed inflationary…

It's A Banana!
US Economy· · 1 min read

It's A Banana!

Real GDP fell 0.9% (saar) during Q2, following a 1.6% decline during Q1. That's a "growth recession&…