Economy
Suddenly, People Are Worried About a Slowdown

Suddenly, People Are Worried About a Slowdown

The U.S. economy has been resilient, but recent events have raised worries about a slowdown. Let's review some of the new forces at work. The first potential concern is that two leading indicators have worsened sharply in the last two weeks: initial jobless claims and...

Good News Still Coming for the U.S. Economy

Good News Still Coming for the U.S. Economy

Some big reports last week showed widening improvements for the U.S. economy. In case you missed them, let's take a look at the big themes. First, employment growth continued unabated. ADP's private-sector payrolls and the Labor Department's non-farm payrolls both...

Dollar Slides with Doves Ruling the Roost at the Fed

Dollar Slides with Doves Ruling the Roost at the Fed

Hawks at the Federal Reserve keep morphing into doves, hammering the greenback. Several comments from the central bank yesterday expressed a cautious view of interest rates. It started with Atlanta Fed President Raphael Bostic, who warned that economic fears have...

Double Dose of Good News for Economy as 2019 Begins

Double Dose of Good News for Economy as 2019 Begins

The U.S. economy has gotten a double dose of good news as 2019 gets underway. Non-farm payrolls had their biggest gain in 10 months, almost doubling forecasters' expectations. But that's not all. The October and November totals were also revised up by 58,000....

Stocks and Economy in Massive Disconnect

Stocks and Economy in Massive Disconnect

A lot of things can be said about the stock market right now. One of the biggest is its huge disconnect with the economy. Judging by Wall Street, you'd think we're in a recession now. Key indexes like the S&P 500 and Nasdaq-100 are in the midst of their worst...

Market Jitters Are Lifting Gold Miners

Market Jitters Are Lifting Gold Miners

Gold miners are the only winners in this market as mounting worries drive investors to the ultimate safety play. The Dow Jones US Gold Miner Index ($DJUSPM) has gained 5 percent in the last month. That makes the best performer -- and only real gainer -- of more than...

Is the Fed Dovish, or Just Plain Chicken?

Is the Fed Dovish, or Just Plain Chicken?

Is the Federal Reserve in the midst of its quickest pivot ever? It seems to be. Only two months ago, central bankers were united in their plans to keep raising interest rates. But now they're retreating amid a selloff in stocks, some weaker economic data and pressure...

Despite the Bears, Economic Forecasts Keep Going Up

Despite the Bears, Economic Forecasts Keep Going Up

Believe it or not, economic estimates keep improving despite the selloff in equities. Last week's retail-sales data and industrial production didn't seem too impressive at first. But number crunchers have found some bright spots. Bank of America Merrill Lynch...

Our Curiously Strong ‘Weakening’ Economy

Our Curiously Strong ‘Weakening’ Economy

Recent headlines have suggested weakness in the economy, but other readings are curiously strong. Last week's employment reports all missed estimates. ADP's private-sector payrolls had 16,000 fewer new jobs than expected, while the government's non-farm tally lagged...

Here’s How Amazon Is Changing the Job Market

Here’s How Amazon Is Changing the Job Market

Regardless of how this week's big jobs report turns out, one thing seems certain: E-commerce is transforming big parts of the U.S. job market. Consider the dramatic rise of warehouse employment over traditional brick and mortar stores. Burrowing deep into October's...