Initial Claims Drop To Unnoticeable
Forgotten by a fickle press, the number of initial unemployment claims has dropped to whisper levels, which is probably why no one is...
A Fixed Income War Story
This new issue came my way yesterday, and it's something of a watershed event. I haven't seen a 4.00% yield on a four year maturity for...
Quick Check-In on EPOP
Back in June of 2021, I wrote a piece about how the COVID crisis disrupted labor markets, and why we should rely more on the Employment...
Highest Inflation Since 1982! (Well, sort of)
While we are forced to deal with all kinds of supply and price disruptions due to oh, global pestilence and war, it's good to remember...
Gas Prices: Slippery When Wet
Gasoline prices have been edging up, and since a good deal of mass media lacks any perspective as far as what is critical to cover as...
Inflating Inflation
There’s been a lot of talk about inflation in the past few months, a lot of it needless scaremongering, but this is what the media feeds...
The Commentariat Discovers Seasonal Adjustment
On the heels of the BLS Jobs Report for December 3, it seems at long last, after 18 months of data distortion caused by the COVID crisis,...
Did Ending the CARES Act Spike Employment?
There's been some debate as to the effect ending Pandemic Unemployment benefits had on job seeking and employment. From what I've seen,...
Notes on the October Jobs Report
Quite a bit of handwringing over the paltry gain of 194,000 jobs announced for the prior month, but a bit of a deeper dive is warranted...
Inflation Takes a (Slight) Breather
Score one for Team Transitory on the inflation front. This morning's numbers show some slowing of the pace we were on for a few months,...