garynorth.com / by Gary North / December 13, 2014
One of the most popular arguments among America’s anti-free trade non-economists is this one: free trade destroys American jobs. We need to think through the implications of this argument.
The case for voluntary exchange has nothing to do with the question of the […]
gold-eagle.com / Peter Schiff / December 9, 2014
There can be little doubt that data releases rather than experience or intuition are driving the economic conversation. This is perhaps a function of the disconnection that many people feel about an economy that they no longer understand. Rather than trusting their own eyes or their […]
zerohedge.com / by Tyler Durden / 12/10/2014 00:45 -0500
The Nikkei 225 has fallen over 300 points from the v-shaped recovery close at the end of the US day session and is now trading below the lows of the day at 2-week lows. USDJPY has plunged over 100 pips having briefly neared 120.00, now back […]
wallstreetexaminer.com / by Alan Tonelson via RealityChek / December 9, 2014
As is almost always the case – especially when they’re released the same day as the monthly jobs report – the monthly U.S. trade figures put out by the Census Bureau were practically ignored. And as is almost always the case, that was a […]
theeconomiccollapseblog.com / By Michael Snyder on December 8th, 2014
Are much lower oil prices good news for the U.S. economy? Only if you like collapsing capital expenditures, rising unemployment and a potential financial implosion on Wall Street. Yes, lower gasoline prices are good news for the middle class. I certainly would rather pay two dollars […]
zerohedge.com / by Tyler Durden on 12/08/2014 16:10
Stocks were modestly weak overnight amid poor Japanese, Chinese, and European data, but as soon as the US cash markets opened, stocks surged higher algorithmically testing up to unchanged briefly for the S&P 500 and squeezing small-cap shorts (as usual).. until Europe closed. Stock started to lose […]
news.goldseek.com / By Gary Tanashian / December 8, 2014
Now it gets interesting because early in the bailout process the Fed talked about achieving certain employment milestones before hiking interest rates. Here we are at the 10th consecutive month with 200,000+ job gains (321,000 in November) and the jobless rate down to 5.8% and still […]
zerohedge.com / by Tyler Durden / 12/08/2014 10:22
Despite the utter exuberance at Friday’s payrolls data -which ‘everyone’ saw as nothing but indicative of escape velocity and utopia in America’s near future – the Fed’s new multifactor model of the US jobs market shows growth sliding to just 2.9% MoM. This is the almost […]
caseyresearch.com / Chuck Butler / December 08, 2014
In This Issue.
* BLS says 321,000 new jobs. * Headline number says on 4,000 new jobs, who’s right? * Dollar goes hog-wild on labor print! * Belgium to repatriate their Gold?
And Now. Today’s A Pfennig For Your Thoughts.
Sound The Alarm That All’s Clear! […]
marctomarket.com / by Marc Chandler / December 7, 2014
Developments in the week ahead will be understood within the context of last week’s developments. The most important of these are the strength of the US jobs report and cuts in growth and inflation forecasts by the European Central Bank and the Bundesbank.
goldsilverworlds.com / December 6, 2014
This is an excerpt from the daily StockCharts.com newsletter to premium subscribers, which offers daily a detailed market analysis (recommended service).
Non-farm payrolls for November surged to 321,000, which was the biggest monthly gain since January 2012. This positive news on the labor market weighed on the 20+ YR T-Bond […]
dollarcollapse.com / by John Rubino / December 5, 2014
Today’s US employment report was the best in years. 300,000+ new jobs, rising wages, fewer people dropping out of the workforce, the whole package. Very hopeful. And also curious, since the rest of the world seems to be moving in the other direction. Consider:
tfmetalsreport.com / By Turd Ferguson / December 5, 2014
While the mainstream financial media does cartwheels at the glorious new of 321,000 “new jobs”, perhaps we should take a peek under the hood to find the actual truth.
Again, there are two “surveys” done by the BLS for their monthly report. These two […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / December 05, 2014
The payroll survey shows a net gain of 321,000 jobs vs. a Bloomberg consensus expectation of 230,000 jobs. September was revised up from 256,000 to 271,000. October was revised up from 214,000 to 243,000.
The unemployment rate was steady although employment only […]
zerohedge.com / by Tyler Durden / 12/05/2014 09:55
Curious just what the “quality” of jobs that comprised the best jobs report in nearly 3 years? Here is the answer: Retail Trade, Education and Health, and Leisure and Hospitality, as well as Administrative Assistants, cumulatively made up more than half of the jobs gains in […]
zerohedge.com / by Tyler Durden / 12/05/2014 09:10 -0500
While the seasonally-adjusted headline Establishment Survey payroll print reported by the BLS moments ago may be indicative of an economy which the Fed will soon have to temper in an attempt to cool down, a closer read of the November payrolls report shows several other things […]
zerohedge.com / by Tyler Durden / 12/05/2014 08:39 -0500
If the Fed needed a flashing red light that the time for a first rate hike is overdue, it just got it moments ago when the BLS reported that in November some 321K jobs were added, a 4 sigma beat to the 230K expected, and well […]
marctomarket.com / by Marc Chandler / December 5, 2014
The US dollar is little changed against most of the major currencies but is taking another step up against the yen. The failure of the Democrat Party of Japan to mount a serious challenge to Abe, despite the quite divided public support for Abenomics, is […]