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Market Call: Investors Are Spooked
Halloween is on Tuesday. Investors have been spooked since early August. They are still spooked by the widening federal deficit,…
Productivity
17 posts
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público
Upside Productivity Surprise Subdues Inflation, Maybe
Wow! This morning's Q2 Productivity and Costs report was surprisingly good, but a bit hard to believe. Nonfarm…
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Stocks Buoyed By Solid Consumer Indicators
The widely anticipated recession is still MIA. That's one reason why stocks have rebounded smartly since October 12,…
pagado
Q4 Productivity & Labor Costs Going Right Way
Bond and stock prices opened weak this morning on good news from the labor market. Good news is bad news…
público
Some Bad & Good News On Unit Labor Costs
Contributing to the stock market selloff today was more bad news on the inflation front. Nonfarm business (NFB) productivity dropped 7.5% (saar) during Q1. It wasn’t as bad on a y/y basis, falling just 0.6%. It’s a very volatile series on a q/q basis and even on a y/y basis.…
