August Payrolls +315,000

Payrolls still frisky but no big surprise Not too hot, not too cold. The Good Ship Lollipop sails on with its jobs machine still cranking. You can click the graphic…

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July Payrolls +528,000

BLS reports job gains of 528,000 in July Click headline, get full BLS report. This ought to keep Hazel good and busy as Americans lap up Professional & Business services,…

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ISM & Payrolls

May ISM and Payrolls both positive Today the backward looking Payrolls report gets the headlines but this week saw another important economic report. One that probably contains more important information.…

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Payrolls +428,000

April Payrolls increase by 428,000 You can get all the details of yet another strong BLS report by clicking the blurb: Drilling into it we find Leisure and Hospitality leading…

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Gold/Copper ratio

Gold (not cyclical, less inflation-sensitive) vs. Copper (the metallic economic doctor) Because it can be tiring looking at the Copper/Gold ratio every week, let's flip it over to the counter-cyclical…

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NFTRH 700, out now

700... hmm... For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic…

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Surprise!

The Citi Economic Surprise Index led the correction; now what? As we noted for all too many months in a row in NFTRH, the CESI had been on a gross…

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The Capital Sponge

The Capital Sponge Thank you to a subscriber for sending this along. The Capital Sponge by Lyn Alden I used to write about stuff like this in the 2004-2008 time…

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Beneath the CPI, a little whiff of Stagflation

CPI ramps, but real hourly earnings decline Okay, it's another 'Inflation Friday' as the November CPI ramps (click graphic, get report)... So the headline is the big inflation number. But…

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Payrolls +230k, a ‘disappointment’

November Payrolls +230,000 vs. 573,000 estimate Of course, it's all about the Fed, eh? With a side order of Omicron. Click the graphic below, get the report from BLS that…

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BLS: Jobs +235k, way below expectations

August Payrolls disappoints at 235,000; one sector would benefit So I guess that the Citi Economic Surprise Index per yesterday's post is more concerning still, as analysts expecting +720,000 new…

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