Growth rate of U.S. exports decelerating since 2Q14 At north of 13 percent, exports’ share of GDP remains very high Surging $ no good news for exports; some signs of fatigue, but buck’s momentum intact The advance estimate of real … Continued
November job openings in U.S. non-farm payroll at yet another high As of December, not much change in momentum in oil and extraction jobs Job openings in mining and logging peaked in July and is sideways/down since Job openings enable … Continued
Inability of offensives to take the lead has been a thorn in the side of rally since Oct 15th low Outperformance last week of XLY vs. XLP and HYG vs. LQD sign of trend change? Duel on between seasonally favorable … Continued
Healthy U.S. non-farm employment versus ultra-low civilian labor force participation rate: Notwithstanding September weakening, job openings has tracked job creation very well: Despite improvement in job creation, wage growth continues to be a dud: Belt-tightening continues in federal payroll — … Continued