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News
We lost jobs in July — the stock market liked it
2+ hour, 26+ min ago (234+ words) So, the long and short of this jobs report is simply: Potentially good for rates, potentially indicative of a “low hire, low fire” tightening labor market — both of which will only be confirmed by time itself. Yes. Origin offers partner…...
The labor market just took a step back
1+ mon, 6+ day ago (388+ words) The June jobs report was bad, which…ironically, is kind of good for investors. The past few months have printed employment growth above expectations, signaling a strong labor market, which subsequently translated to: “Not so fast” for hopes for a…...
Fed holds rates steady as expected — markets sell off anyway
1+ mon, 3+ week ago (304+ words) Kevin Warsh's first FOMC meeting as Fed Chair went exactly as the data suggested it would: the Federal Funds Rate remained unchanged in the 3.50%-3.75% range, just like… well, basically the entire universe expected. There's a real irony sitting underneath all…...