Posts filed under “Economy”

262k!

The new jobs data is a terrific boost to the Bullish camp (where I have been since February 2).  It was strong enough to keep the expansion growing, but not so robust as to force the Fed’s hand.

As I wrote yesterday, I am thrilled to be wrong on "the under" this time around. Yields are coming in, oil is softening, and the Dow is closing in on multi-year highs. If we close above those highs — an admittedly big if — that will officially kick off the next major leg higher.

Category: Economy

Nonfarm Payroll data: 15 year chart

Category: Economy

My expectations about the Jobs Report

Category: Economy, Markets

CNBC The Mystery of the Awful Economists

Category: Economy, Markets, Media

The Mystery of the Awful Economists

“We have 2 classes of forecasters: Those who don’t know… and those who don’t know they don’t know.” — John Kenneth Galbraith I’ve been making a fortune lately. (No, I don’t own any Google IPO shares). Each month, I’ve been betting on the outcome of the Non-Farm Payroll report against my economist colleagues. I’ve been…Read More

Category: Economy, Markets, Politics

Greenspan’s New Forecast

Category: Economy, Markets

Read it here first: China’s Latin American Oil Grab

Category: Commodities, Economy, Politics

Waiting for Kedro

Category: Books, Economy, Weblogs

Surging Home Prices

Category: Economy, Finance

Greenspan versus the Bond Market

Category: Economy