Independent thinking for complex markets and current events
28,577 job cuts this month so far, our highest week since we began tracking data in September #MacroEdge pic.twitter.com/qWRmCEoscN — MacroEdge (@MacroEdgeRes) April 5, 2024 Although the most recent U.S. Bureau of Labor Statistics employment report issued Friday showed that the unemployment rate “changed little” last month, a separate report found that layoffs reached a …
Ahead of tomorrow’s jobs data, this is critical knowledge to have. The Household Survey, which produces the unemployment rate and has been appreciably weaker than the Establishment Survey, which generates nonfarm payrolls, because it’s PROCYLICAL, it’s picking up the cycle’s end. https://t.co/kE2FRuOw8p — Danielle DiMartino Booth (@DiMartinoBooth) April 4, 2024 ⚠️ Initial claims for state …
Global manufacturing PMI dropped to 47.6 in October, the lowest since Covid and below the 50 threshold for 14 months, indicating a clear global slowdown, with the decline driven by activity components while price pressures remained steady. 1/5. October global manufacturing PMI was down by 1pt to 47.6, the lowest level since Covid and below …
The current level of greed in the market is driving prices higher and could lead to a bubble. Be careful when investing at these levels. The % of call options volume hit a 14-month high last week pic.twitter.com/fx01144ThR — Barchart (@Barchart) June 11, 2023 VIX/MOVE ratio at lowest level since 1996. pic.twitter.com/guV5zFnzx0 — Kurt S. …