On the July Jobs Report
It's a sad thing when a jobs report as weak as this is a big upside surprise.
It's a sad thing when a jobs report as weak as this is a big upside surprise.
The timing couldn't be worse, but it could be the capper on two weeks of panic.
The timing couldn't be worse, but it could be the capper on two weeks of panic.
Europe bans short-selling again, but that does not mean a repeat of 2008.
Merkel and Sarkozy have re-imagined the Euro area, and a stable solution to crisis.
The mythology of Jackson Hole says "do something!" -- but he probably won't, and needn't.
Gold at $1900 was an overshoot -- this correction says no QE3 for now, but ample liquidity.
Bernanke resists the "do something!" urge. But if inflation falls, he'll act.
The second Greek bailout flounders, and politics puts the new EFSF at risk.
It's another lost quarter -- but far from the feared 2008-style cliff-dive.