Independent thinking for complex markets and current events
For private sector jobs, a low(er-)hire, but (still) low-fire market: • Vacancy rate ticked down to 4.5% in November, matching a cycle low • Hiring rate ticked down to 3.5% in November, matching a cycle low • The job-quitting rate ticked up one tenth to 2.2% (off of a cycle… pic.twitter.com/EeKTPGbVy9 — Nick Timiraos (@NickTimiraos) …
Judge in Trump Documents Case Rejected Suggestions to Step Aside Two federal judges in South Florida privately urged Aileen M. Cannon to decline the case when it was assigned to her last year, according to two people briefed on the matter. She chose to keep it. Shortly after Judge Aileen M. Cannon drew the assignment …
Offices of Discount and Hapoalim banks in the center of Tel Aviv (Miriam Alster/ FLASH90) Bank Hapoalim, which has been under investigation by the US Department of Justice for allegedly helping American citizens evade taxes, told its shareholders Wednesday that it was setting aside an additional $75 million to cover a potential settlement with the …
Step back for perspective. Aside from Nvidia, this AI rally is far weaker than the one in 2021. And consumer sentiment is far weaker as well. pic.twitter.com/RqMQLu6w2z — Mac10 (@SuburbanDrone) August 28, 2023 Here we see we're tracking last year's August robo rally/robo crash very closely. Ahead of schedule. pic.twitter.com/V3qdPgiswW — Mac10 (@SuburbanDrone) August 28, …