Three Data items today: #1: Some fresh data from the NY Fed’s Survey of Consumer Expectations illuminates two important issues around US labor markets: how quickly they can return to…
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New Job? No Thanks. Wait… How Much?!
Three Data items today: #1: Some fresh data from the NY Fed’s Survey of Consumer Expectations illuminates two important issues around US labor markets: how quickly they can return to…
US Unemployment: An Urban Problem
After a highly unusual several-month lag, the US Bureau of Labor Statistics has finally updated its state and local labor market statistics, so we will dedicate today’s Data section to…
Ecommerce Losing Share as US Economy Reopens
Two Data items today. #1: We really need to talk about the 10-year US Treasury. Despite a strong Retail Sales report (more on that in a minute) and other positive economic…
Beige Book Starting To Get Red Hot
It will take both the US labor market fully recovering and inflation reaching 2 percent sustainably for the Federal Reserve to even consider raising near term rates. That’s the latest from…
FT: "Tech stocks outperform as investors note rise in Covid cases"
Excerpt from the Financial Times quoting DataTrek co-founder Nick Colas: …. “The Treasury market has returned to its usual steady state in recent weeks, however, as investors accepted Federal Reserve…