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Top Wall Street Strategist Expresses Worries About Looming Recession: 'We Are At The Very Onset'
Monday, November 20, 2023 - 12:27am | 563A renowned Wall Street strategist, Michael Kantrowitz of Piper Sandler, has voiced concerns over the possibility of an imminent recession. This speculation is based on his analysis of various sectors within the U.S. economy. What Happened: Kantrowitz employs a four-part framework...
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Inflation's Impact On Jobs: Fed's Neel Kashkari Deems Labor Market Resilience Unrealistic
Monday, July 31, 2023 - 1:01am | 461In a recent interview on “Face the Nation”, Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, shared his views on the current state of the U.S. economy and the potential impact of inflation on the labor market. Despite the economy’s resilience and a low...
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Employment Follow: A Strong Month For The Logistics Sector
Friday, September 4, 2020 - 4:02pm | 771The employment report released Friday morning reflects a trucking and logistics sector whose employment levels are starting to reflect the hefty activity evidenced in other data points. After minor job growth in July compared to June, the number of trucking jobs in the U.S. rose by 10,000 in...
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August Employment Level Reaches New Low At US Railroads
Monday, September 23, 2019 - 11:19am | 669The total number of employees working for the U.S. operations of Class I railroads in August sank to its lowest level in years, according to an analysis of data from the Surface Transportation Board. The number of employees working in August totaled 139,284 workers, which is not only the lowest...
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The Market Reaction of a 10.2% Unemployment Rate
Friday, November 6, 2009 - 9:56am | 142With the unemployment rate now at 10.2%, different sectors of the market are reacting quickly. The general equity market lost ground and after looking at a flat to modestly higher open earlier, futures not point to a significant decline. Gold, silver, and some other metals are pushing higher as...