Bureau of Labor Statistics

Buffett's Wrong - Why Market Valuations Are Not Justified By Low Interest Rates

"It's such a comforting, even satisfying assumption; the idea that 'lower interest rates justify higher valuations'...   Unfortunately, the convenience of investing-by-slogan is currently leading investors into what is likely to be one of the worst disasters in the history of the U.S. stock market..."

BLS Caught Fabricating Wage Data

After years of speculation that the BLS data may be simply goalseeking its "data" to reach a specific, politically-mandated (or motivated) target, in this case supporting the wage reflation narrative, we finally have proof.

Here's How Much Your Credit Score Is About To Crash If You're In Hurricane Irma's Path

If you count yourself among the unlucky residents of Southern Florida where Hurricane Irma looks likely to make her continental U.S. landfall, you may want to take notice of a new study just published by Kelly Edmiston of the Federal Reserve Bank of Kansas City which details the devastating toll that hurricanes can take on your hard-earned credit score. 

August Payrolls Preview: Prepare For Disappointment

If there is one common theme across sellside previews of tomorrow's nonfarm payrolls number, expected at 180K after a surprising jump to 209K in July, it is to brace for disappointment, or in Wall Street parlance, "downside risks."