Next week it’s tariffs and jobs

Next week it’s tariffs and jobs

Next week two big events will rule them all. Tariff Wednesday: The Trump Administration has promised to release details of the big round of U.S. reciprocal tariffs. The UnitedStates will raise tariffs on exports from individual countries to match the tariff rate that...
Jobs data and more data will end this week

Jobs data and more data will end this week

I expect a nervous market as investors and traders look ahead to Thursday’s weekly report on initial claims for unemployment and Friday’s report on the jobs numbers for November. The curent rally is assumes a Goldilocks economy–not so weak that...
Economy unexpectedly loses jobs in December

Economy unexpectedly loses jobs in December

The U.S. economy shed 140,000 jobs in December. That’s the first monthly job loss in eight months. Economists had expected the economy to pick up a very modest 50,000 jobs in the month. The official unemployment rate held at 6.7%. The U-6 unemployment rate,...