Weighing the Week Ahead: Economic Sunrise?

We have a big economic calendar with reports on inflation, small business optimism, retail sales, consumer confidence, and unemployment claims.  I expect the data to continue occupation of the back seat.  The election news is easy to write about, and financial media are taking the bait.  Anything about the pandemic is newsworthy.  Most important will […]

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Employment Report Preview: Interpret with Care!

There is something wrong with the monthly Payroll Employment Report. Economists were very surprised by the massive jump in jobs reported in May.  They quickly changed their viewpoints about the economy as did important policymakers. The reasons are simple: Employment is the most important economic indicator – the foundation for income, spending, and government revenue. […]

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Weighing the Week Ahead: Is the Payroll Employment Report Accurate?

It is a big week for economic data. There are many reports with the most attention on Friday’s Employment Situation data.  We will also get auto sales, the ISM manufacturing and non-manufacturing indexes, construction spending, and factory orders. Weekly jobless claims continue to attract great interest and should.  The corporate earnings story hits a peak […]

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