Outlook for U.S. Economy Continues to Brighten
When we wrote the annual outlook last November, the data was mixed. Some metrics hinted at emerging cracks in the economy while others suggested the growth trajectory in capital markets …
Getting the Jobs Market Back into Balance
The economy is starting to experience a larger labor force as individuals come off the sidelines and rejoin the job market.
May Payrolls Not Too Hot, Not Too Cold
Today’s report likely did little to convince the Fed that the labor market is closer to meeting its “substantial further progress” goal on employment, and therefore, all else equal, will not compel them to consider reducing asset purchases sooner rather than later.
Peak Optimism?
While optimism surrounding the reopening is certainly understandable, we take a look to see if sentiment is flashing a near-term contrarian warning sign for stocks.
Job Growth Continues as COVID-19 Cases Rise
The US labor market shrugged off election uncertainty and continued to add jobs in October.
Analyzing the Jobs Report
The jobs market remains strong, as the August nonfarm payrolls came in at a solid 1.37 million jobs created, right in line with expectations. This was the fourth consecutive month …