Jobs, Inflation, and Gaslighting

While some economic data — notably year-over-year GDP growth — are flashing “recession,” some other important data are contributing to positive investor and trader psychology, and helping maintain the current counter-trend stock market rally.  It can be awhile before reality comes calling… and that means that we wouldn’t want to Read more…

Jobs & Robots

Yesterday, Wednesday, June 1, saw the publication of April JOLTS data – “job openings and labor turnover” — by the Bureau of Labor Statistics.  This report is one of the key data sources evaluated by the Fed as it monitors the U.S. employment situation; remember that its dual mandate is Read more…