We have a very light data calendar. It is a short week with some post-vacation (ahem) attitude adjustment. There is little fresh news, but plenty of data from last week. FedSpeak is on high. It is a perfect setup for pundit pontification. Expect lots of navel gazing, with an emphasis on flaws. Many will be […]
As I write this on Thursday night, very few people know what the August employment report will show. Only the President, Vice-President, and a few top economists get an advance look on Thursday afternoon. The BLS is in lockdown mode for eight days. Media sources get a look on Friday morning, but are cut off […]
Dr. George Friedman is a true expert in international affairs. His Wikipedia entry describes him as “a U.S. geopolitical forecaster and strategist on international affairs”. He has a Cornell PhD and a long list of impressive public and private consulting roles. I read his reports with great interest. He recently joined John Mauldin’s team of […]
We have the biggest data calendar of the year, climaxing with the employment report. It is right before the Labor Day weekend. It is a natural setup for politicians and pundits alike. Expect many to be asking: How Can We Create More Jobs and Better Pay? Last Week Recap My expectation that last week would […]
Financial media, Fed watchers, and the punditry pay special attention to the Kansas City’s Fed’s annual conference at Jackson Hole. It is a forum that draws top speakers, innovative ideas, and a sense of the possible policy changes. I expect that a key question will be the reduction of the Fed’s $4.5 trillion balance sheet […]