Risk/Reward archive
The U.S. Bureau of Labor Statistics reported that nonfarm payroll employment rose by 165,000 in October, three times higher than market expectations of about 60,000. The change in household employment was +463,000, but this series contains significant statistical…
Continue reading →The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.59% on a non-seasonally-adjusted (NSA) basis in September 2026. On a seasonally-adjusted (SA) basis, the increase was 0.65%. Using NSA figures, energy accounted for 0.275 percentage points (PP)…
Continue reading →Stocks logged another month of gains in August, but once again September, it has started off with a sharp sell-off.
Continue reading →The stock market fell 3.3% on Friday, following Fed Chairman Jay Powell’s speech on monetary policy at the Jackson Hole Fed meeting. Mr. Powell affirmed the Federal Reserve’s commitment to bring inflation down, which will probably take some…
Continue reading →Yesterday, the Bureau of Labor Statistics estimated that nonfarm payroll employment declined by 140,000 in December. The estimate for November was increased by 135,000. The level of employment for December was therefore virtually unchanged from the November report.
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