Tag Archives: bureau of labor statistics

Bear Witness to the Madness

Posted on May 12, 2015 by MN Gordon

Second-rate economic data is first-rate news for Wall Street these days.  We don’t quite comprehend the logic.  But the popular reasoning goes something like this… Good economic data is bad for stocks.  For it means the Fed will begin increasing … Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , , , | Leave a comment

Something to Cheer About

Posted on December 9, 2014 by MN Gordon

This year’s on target to be a banner year for jobs growth.  With a month still left, total payrolls have already increased by 2.65 million.  An upsurge like this hasn’t been notched since the twilight of the last millennium. The … Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | Leave a comment

Why We Are All Doomed

Posted on September 16, 2014 by MN Gordon

Second quarter GDP, as reported in by the Bureau of Economic Analysis on August 28, grew at an annualized rate of 4.2 percent.  This follows up a 2.1 percent decline in the first quarter.  Just what is it that turned … Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , | Leave a comment

Treadmill Economics

Posted on May 6, 2014 by MN Gordon

A day hardly goes by that doesn’t offer the unexpected.  Just when we thought the economy was rolling over to take a big fall something remarkable happened… “Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by … Continue reading →

Posted in Economy, MN Gordon | Tagged , , , , , | Leave a comment