Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama

By request, here is another update of an earlier post through the January employment report including all revisions.NOTE: Several readers have asked if I could add a lag to these graphs (obviously a new President has zero impact on employment for the month they are elected). But that would open a debate on the proper… Read More..

Gold, Miners Rocket Higher

Gold and its miners' stocks are rocketing higher as speculators and investors alike return to this left-for-dead sector. This sudden deluge of capital inflows has crowned gold stocks the best-performing sector of this ... Recent Commentaries |… Read More

Friday: Employment Report, Trade Deficit

Employment previews:CR: Preview: Employment Report for JanuaryGoldman Payroll Preview: 170K ForecastTim Duy: Jobs DayFriday:• At 8:30 AM ET, Employment Report for January. The consensus is for an increase of 188,000 non-farm payroll jobs added in January, down from the 292,000 non-farm payroll jobs added in December. The consensus is for the unemployment rate to be… Read More

U.S. Courts: “Bankruptcy Filings Drop 10 Percent in Calendar Year 2015”

From the U.S. Courts: Bankruptcy Filings Drop 10 Percent in Calendar Year 2015 During the 12-month period ending December 31, 2015, 844,495 cases were filed in federal bankruptcy courts, down from the 936,795 bankruptcy cases filed in calendar year 2014—a 9.9 percent drop in filings. This is the lowest number of bankruptcy filings for any… Read More

How Pension Plans are Responding to Financial Repression

In this 35 minute video, Chief Executive of CREATE-Research, Amin Rajan discusses investing in the age of financial repression as well as key points for risk mitigation with FRA Co-founder Gordon T. Long. Recent Commentaries |… Read More

ISM Negative 4th Month, Employment Shows Significant Declines

Manufacturing in January continues its dismal track record with the latest ISM reading. Econoday reports ... Employment sank the ISM index in January which could muster no better than a 48.2 for what, following annual revisions to 2015, is the fourth sub-50 reading in a row. This is by far the worst run for this… Read More

Russia Cries Dyadya (Uncle), Is Saudi Arabia Listening?

In recent days, signs of a possible breakthrough in the year-long stand-off between Russia and Saudi Arabia on crude production strategy have emerged. Saudi Arabia, OPEC's dominant member, has long insisted OPEC (read Saudi Arabia) ... Recent Commentaries |… Read More

Construction Spending Anemic Despite Warm Weather; Where to From Here?

Economists expecting a huge surge in construction spending thanks to unusually warm December weather were no doubt shocked by today's anemic report. The Econoday Consensus Estimate was for +0.6% in a range of 0.3% to 1.3%, but not a single economist came close. Held down by weakness in the nonresidential component, construction spending didn't get… Read More

“Blue Chip” Optimism vs. GDPNow 1.2% 2016 Initial Q1 Forecast; Strengths and Weaknesses of GDPNow

"Blue Chip" OptimismThe Atlanta Fed initial GDPNow Forecast for first quarter 2016 starts off with an anemic 1.2% whimper."The initial GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2016 is 1.2 percent on February 1. "First Quarter 2016 GDPNow Forecast The Atlanta Fed "Final" GDPNow Estimate for… Read More

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