The Last Ride Of The Unemployment Rate
Submitted by Jeffrey Snider via Alhambra Investment Partners,
Submitted by Jeffrey Snider via Alhambra Investment Partners,
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The MAGA Trend Continues: Trump Convinces Carrier to Remain
Written by Nathan McDonald CLICK HERE FOR ORIGINAL)
Following October's disappointment (+147k), November's ADP employment printed a much better than expected 216k (over 170k exp), thanks to a notable downward revision to October to 119k. Goods-producing jobs dropped once again (-11k) with a renewed surge in services employment (+228k). While this November post-Trump spike is noteworthy (highest in 5 months), there continues to be a medium-term trend of weakening job growth in America.
A good post-trump spike, but the 24-month trend continues to deteriorate:
Spot the odd one out...
Submitted by Brian Cloughley via Strategic-Culture.org,
In the military a rearguard action is defined as ‘a defensive action carried out by a retreating army’ and it is an appropriate description of the desperate scrabbling by NATO to convince the rest of the world — and especially Donald Trump — that its existence is justified.
As the public is told day after day by mainstream media, if stock prices are up in America, it is an indication that all is well in the economy... consumers can consume, investors can invest, and producers can produce as confident citizens gorge on ever more credit (because everything is awesome). So we wonder what the 'CNBC' of these two countries would be saying about their stock markets' massive outperformance...
Venezuela's "economy" must be roaring?