The Visible Edge of Economic Reason
It’s that day of the month when the apex of silly attention gets focused on the BLS. Just in time to directly contradict the FOMC’s “careful” rationale for cutting back on the fuel for small caps and...
View ArticleYellen: Recovery We Thought of Past Few Years Wasn’t Really There
There should be no more “ifs”, no more caveats and qualifications. After trillions of printed illusions through four QE’s and now almost seven years of ZIRP, she still can’t say for certain whether the...
View ArticleReconciling Competing Views on Labor ‘Demand’
The BLS published its updated JOLTS figures for August last week, and while most commentary continues to focus on the ephemeral Job Openings category it shouldn’t. Though Job Openings declined sharply...
View ArticleThe Visible Edge of Economic Reason
It’s that day of the month when the apex of silly attention gets focused on the BLS. Just in time to directly contradict the FOMC’s “careful” rationale for cutting back on the fuel for small caps and...
View ArticleYellen: Recovery We Thought of Past Few Years Wasn’t Really There
There should be no more “ifs”, no more caveats and qualifications. After trillions of printed illusions through four QE’s and now almost seven years of ZIRP, she still can’t say for certain whether the...
View ArticleReconciling Competing Views on Labor ‘Demand’
The BLS published its updated JOLTS figures for August last week, and while most commentary continues to focus on the ephemeral Job Openings category it shouldn’t. Though Job Openings declined sharply...
View Article
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