Job openings as a percentage of the US labor force is higher than any month up until 2018, even exceeding the peak of the last economic cycle. That’s the biggest positive from an overall solid Job Openings and Labor Turnover Survey (JOLTS)...
Excerpt from Business Insider quoting DataTrek’s Nick Colas: … “The more than 50% rally in technology stocks over the past 100 trading days ends one of two ways: higher like the 2009 recovery, or lower like the 1999 dot-com bubble....
Excerpt from Barron’s quoting DataTrek’s Nick Colas: …. “Tech only returns +50% over 100 days in a bubble (2000) or a cyclical recovery (2009) and we continue to believe 2020 fits the latter paradigm better than the...
By now you likely know the basics of last Friday’s August US Employment Situation report, but here is a quick recap: Unemployment rate of 8.4%. This is somewhat better than the 9.1% average between pre-COVID February 2020 (3.5%) and the COVID...
