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2019 US Productivity Rises Most In A Decade, Real Wages Jump Most Since 2015

...inflation-adjusted hourly compensation averaged a 1.9% pace in 2019, the biggest gain since 2015.

  • Feb 6, 2020 8:37 AM

Just A Little Sloppy Record-Keeping? The Pentagon's $35 Trillion 'Accounting Black Hole'

About one-and-a-half times the size of the entire US economy, so how's it even possible? 

  • Feb 5, 2020 11:45 PM

Americans Express Record-High Optimism On Personal Finances

The majority levels of optimism among political independents are more significant for Trump's reelection prospects -- and something Trump will want to maintain in 2020 to stay competitive.

  • Feb 5, 2020 8:45 PM

Coronavirus Will Whack 2% From Global GDP Growth In Q1: Goldman

Coronavirus spillover effects to the rest of the world will cut global GDP by nearly 2% in the first quarter of 2020.

  • Feb 5, 2020 7:45 PM

What Did We Learn From The Iowa Caucuses? Morgan Stanley Answers

Not much...

  • Feb 5, 2020 10:45 AM

US Services Survey Improves But "Business Confidence Subdued"

The PMI data indicate that the US economy is ticking along at a steady but unspectacular annualized rate of growth of approximately 2% at the start of 2020...

  • Feb 5, 2020 10:04 AM

US Annual Trade Deficit Shrinks For First Time In 6 Years

A win for Trump?

  • Feb 5, 2020 8:39 AM

ADP Employment Data Shows Biggest Job Gain Since 2015 (Thanks To Mild Weather?)

"Mild winter weather provided a significant boost to the January employment gain..."

  • Feb 5, 2020 8:20 AM

"Made In China" Economic Hit Coming Right Up

Economic contagion due to the coronavirus is underway..

  • Feb 4, 2020 8:05 PM

China Unleashes The Bazookas And That's Just The Start: Here's What It WIll Do Next

For Beijing, the opportunity cost of doing "whatever it takes" to preserve social order and stability is virtually nil, so expect the most unprecedented array of fiscal and monetary stimulus imaginable...

  • Feb 4, 2020 2:20 PM

Clarmond: "Iowa Showed 'American Democracy' May Now Be Just Another Developing World Dictatorship"

It is both staggering and worrying that the world’s most powerful democracy cannot count.

  • Feb 4, 2020 2:00 PM

US Factory Orders Continue Year-Over-Year Decline

...on a year-over-year basis, factory orders remain lower (-0.4% YoY) for the 7 month in 2019...

  • Feb 4, 2020 10:08 AM

Banks Tighten Credit Card, Auto Loan Standards As C&I Loan Demand Continues To Shrink

Any benefit from the Fed rate cut last summer is now long gone.

  • Feb 3, 2020 9:45 PM

"Historical Number Being Updated": ISM Revises Supplier Deliveries Data, Say Jan Numbers "Valid"

  • Feb 3, 2020 12:14 PM

China Seeking "Flexibility" On Phase 1 Trade Pledges As Its Economy Grinds To A Halt

U.S. and China will consult "in the event that a natural disaster or other unforeseeable event” delays either from complying with the agreement.

  • Feb 3, 2020 10:31 AM

"Weakness Looks Broad-Based" - US Manufacturing Survey Hits 6-Month Highs (Or 3-Month Lows)

January saw a marked slowing in new orders for consumer goods...

  • Feb 3, 2020 10:04 AM

Japan Set To Release 1.2 Million Tons Of Radioactive Fukushima Water Into Ocean, Causing "Immeasurable Damage"

"The government should make clear that releasing the water would have a significant social impact..."

  • Feb 1, 2020 11:00 PM

What Does Lowest Population Growth In US History Mean For Employment?

Clearly, the only thing growing is debt...

  • Feb 1, 2020 1:05 PM

India Rejects That It Spent Years Pumping Fake GDP Data

"From the investor's point of view, it raises a red flag."

  • Jan 31, 2020 10:45 PM

Virus Shock Crashes Baltic Dry, Sparks China Hard-Landing Fears

"Prices are falling sharply due to the cooling global economy: -80,2%!!!" 

  • Jan 31, 2020 6:05 PM

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