The US labor market may have recovered 42% of jobs lost since the COVID pandemic shut down businesses (9.3 million jobs added from May-July 2020 out of 22.2 million lost…
Category: Blog
US Jobs Report: Focus On Labor Force Participation
Three points on Friday’s US Jobs Report to consider: #1: We’ve moved from a snapback in the US labor market (May/June data) to a follow-on phase of (hopefully) slower but…
Food Inflation Hot, Equity Money Flows Not
Three Data topics today: #1: US Food Inflation. While aggregate US good-and-service inflation remains muted (June CPI +0.7%), food inflation has been rising dramatically. This is especially true in the “Food…
How Gold Gets To $3,000
As we discussed in last week’s Story Time Thursday, gold is on one of its occasional streaks; today we will take another look at its current price by comparing it…
Apple’s Stock Split, the Dow, and Main Street
We recently had a request to discuss Apple’s upcoming stock split from a serious Wall Street player. We never name names, but trust us: if s/he is asking, it’s worth doing…
Tech Bubble? Our Survey Results.
Today we will take up all 3 of our usual sections to discuss the results of our DataTrek Tech Outlook Survey, which we ran last week. Thanks to all who participated!…