Labor Force Participation Rate Update
I've written extensively about the participation rate, see: Understanding the Decline in the Participation Rate and Further Discussion on Labor Force Participation Rate. A key...
Category : Opinions Uncensored
Figure Pointing
The dreaded honeypot period continues and the bewildering gyrations of the past few weeks have not offered market participants any further hints as to where...
Consumer Credit Trend Remains the Same – Guess Who’s Doing all the Borrowing?
By Walter Kurtz, Sober Look The latest increase in consumer credit finally showed some increase in revolving credit for October as consumers started to spend...
Hotel Occupancy Rate above pre-recession levels at end of November
From HotelNewsNow.com: STR: US results for week ending 1 December In year-over-year comparisons, occupancy was up 2.5 percent to 52.2 percent, average daily rate rose...
Schedule for Week of Dec 9th
Schedule for Week of Dec 9th by Bill McBride on 12/08/2012 01:11:00 PM Earlier: • Summary for Week Ending Dec 7th The key event this...
Michigan Passes Right-to-Work Legislation; Email from Canadian Teacher Threatened With $500 Fines Per Day for Not Picketing; Collective Bargaining vs. Company Store
Right-to-Work provisions are at long last coming to Michigan. Reuters reports 'right-to-work' law exempts existing union contracts Right-to-Work could be approved within a week Stunning...
Summary for Week Ending Dec 7th
The November employment report was better than expected, but mostly because expectations were so low due to Hurricane Sandy. A couple of employments highlights: seasonal retail...
How Much Larger Could the Budget Deficit Be?
This one’s really going to throw everyone for a loop. Now, I know all we can talk about these days is how to cut the...
Employment Report: More Positives than Negatives
There were positives and negatives in the November employment report, and I'd like to start with two clear positives. First, seasonal retail hiring was very...
Platinum Coin Easing
Here we go again. It looks like the debt ceiling is going to become a problem in the coming months. It’s ridiculous and I’ll tell...