United States

The latest jobs report out of the US was relatively poor. While the comprehensive U-6 unemployment rate went down to the lowest since 2000, other data points suggested the labor market is topping. And with bond markets already predicting a…

By Marshall Auerback This post was originally published on AlterNet The breakdown in the Sino-U.S. trade talks has led a number of commentators to suggest that America’s “unipolar moment” of post-Cold War preeminence is over, as…

Today's jobs report in the US showed some fairly bullish headline numbers. Not only did the unemployment rate did to a 49-year low of 3.6%, but the monster 263,000 job addition was bolstered by net revisions of 16,000, bringing the total to…

This is going to be real quick. The Q1 GDP numbers came out. And they were a huge beat, showing 3.2% annualized growth versus an expected 2.0%. Even the bullish Atlanta Fed nowcast undershot this at 2.7%. If you look at how the quarter…

I apologize in advance for posting this downbeat narrative. But it's what came to mind after reading the news after the Mueller Report was released in the US yesterday. Let me tell you where I'm going with this and what I think it means.…

Real quick here today, since I'm supposed to be on Holiday. The data out this morning in the US were extremely bullish in my view. And, as I've been saying April data would make or break the economic re-acceleration thesis, I am finally…

The jobs report released at 8:30 this morning was as a good a report as we could expect, more than ten years into the US economic expansion. The headline March numbers were an increase of 196,000 conform payrolls and an unemployment rate…

Real quick here. I saw the jobless claims data today and thought they looked pretty good. But, I decided to go back to my 2008-2009 practice of sifting through the raw data for both initial claims and continuing claims. The numbers weren't…

Equities continued their rally today, both in the US and globally. While the US rally was impeded by bad news for Boeing, the S&P 500 did eke out a gain on the back of a rally in tech. Cisco, for example, is up 29% since it bottomed on…

It took the dramatic downshift in non-farm payrolls today for people to wake up to the drip-drip of weak jobs data coming out of the US. This put the equity market into a funk and caused bond yields to sink back to where they were on…