As employment decelerates, the media continue to choose to see a Goldilocks "soft landing" scenario, and it's right in line with a seasonal "last chance power drive" Never mind that…
More "economic soft landing" hype hits the media, a perfect complement for the seasonal stock market party First there was the most cartoonish representation of the season, courtesy of the…
September payrolls +336,000 vs. estimate of 170,000 September payrolls knocked it out of the park. Meanwhile, stock futures drop, bond yields and USD spike and curiously, gold holds relatively firm.…
Good Ship Lollipop sails on with a minor beat vs. expectations You can read the report at BLS by clicking below: I'd say that keeps the winning, yet ever creepy…
July Payrolls came in light, Hazel attempts to frown but her grotesque smile still lurks beneath The estimate by economists for July payrolls was +200,000. It came in light. So…
June Payrolls Report checks in at +209,000 (expectations were 240,000) Okay, so we can try to paint a little frown on Hazel's face, although my artwork is no match for…
The June ADP report doubled expectations, yields respond, Hazel never to wipe that smile off her face? As this article says, Leisure and Hospitality led the way as the Good…
May Payrolls report; not all it's cracked up to be On Friday we noted that the May Payrolls report was 'services' laden and late stage stuff. Early stage stuff like…
The May Payrolls report shows what else? Booming and laggard Services drives payrolls at +339,000 Killing an inflated economy is proving to be touchy (and sticky) business. As manufacturing continues…
Fed minutes show just how out of touch the eggheads are The Fed minutes were published for all to see (in my case, ignore until this morning). Step right up,…
The Empire State Manufacturing survey is bad Here is the report (PDF) from the New York Fed. Let's just take a visual journey down the road to disinflation/deflation and economic…
January payrolls boomed at +517,000 You can click the graphic to get the details from BLS: I was quite taken aback by how strong the January Payrolls reading was. While…
Inflation signals and economy fading/decelerating as expected That which was built of inflation will deconstruct with inflation's fade. That's the rough plan, anyway. It's important to remember that short-term phases…
December payrolls increased by 223,000 You can click this graphic for the full BLS report... You can click this fellow doing his job to see the MSM's take on it...…