Trump Threatens To Veto Stimulus Bill… Congress took almost six months to develop and agree to a new round of stimulus spending. President Trump put it in jeopardy in four minutes. What it means— ...
Archives for December 2020
Week In Review – December 21 2020
Initial Jobless Claims Jump Again, From 862,000 to 885,000… Initial jobless claims moved the wrong direction again, missing forecasts of a 44,000 drop and instead rising by 23,000. What it means— ...
Week In Review – December 14 2020
Initial Jobless Claims Jump, Up 137,000 to 853,000… Initial jobless claims were expected to remain almost unchanged, increasing from 716,000 to 720,000. Instead, they shot up by more than ...
Week In Review – December 7 2020
The U.S. Economy Added 245,000 Jobs in November, Just Over Half of the Expected 432,000… The unemployment rate dipped from 6.9% to 6.7%. What it means— The slightly lower unemployment rate had more ...
The Year End Crunch
Last week, vaccine optimism immunized investors against signs of economic weakness. Narrative economics holds that popular stories may affect individual and collective economic behavior. Last week, ...