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

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

Rangebound Russell 2000 Struggles To Break Free Even Amidst Better-Than-Expected Earnings, Strong Domestic Economy

Small-cap earnings are coming in better than expected. The economy continues to churn out strong numbers. But small-caps, which by nature have larger domestic exposure, continue to trade within a five-month range. Near term, potential lower volatility can help bulls … Continued