8 Dec 2023

October Job Openings One More Data Point To Confirm Ongoing Labor Deceleration, Which Is Destined To Weaken Further Next Year

by | posted in: Credit, Economy | 0

More evidence came out this week that the labor market is in deceleration and more weakness lies ahead. Non-farm job openings tumbled 617,000 month-over-month in October to 8.73 million. This was the lowest since March 2021. The series reached a … Continued

12 Dec 2022

Ahead Of This Week’s FOMC Meeting And CPI, S&P 500 And Russell 2000 Retreat From Crucial Resistance

by | posted in: Credit, Economy, Equities, Technicals | 0

This week is crucial. The FOMC meets, and an inflation report that could potentially impact monetary policy next year is on deck as well. Leading up to this, both large- and small-caps met with heavy selling pressure at crucial resistance. … Continued