trend-cycle

For The Fed, None Of These Details Will Matter

By Jeffrey P. Snider|2022-03-04T18:20:16-05:00March 4th, 2022|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Most people have the impression that these various payroll and employment reports just go into the raw data and count up the number of payrolls and how many Americans are employed. Perhaps the BLS taps the IRS database as fellow feds, or ADP as a private company in the same data business of employment just tallies how many payrolls it [...]

PayLOLs

President Trump mentioned the unemployment rate seven times during his third State of the Union address delivered on Tuesday. It was obvious why he did (though I had expected twice that number). His reelection largely stands on where enough people believe the economy stands. He was, after all, elected four years ago to fix what had been a very real [...]

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