Tag Archive for: unemployment

CRACK!! That Was The Sound of The Labor Market Breaking! This Is A VERY BIG DEAL!

There is simply no way the Bureau of Labor Statistics can show rosy jobs data forever. Unemployment climbed to 3.9% from 3.8% and the number of job creations came in below expectations. Some media sources and the current administration are trying to spin the sheer number of job creations as a huge positive, but the market knows otherwise and rates fell sharply.Read More

Busting the Employment Myth! Assumability Part II

Unemployment ALWAYS bottoms out right before we enter into recessions, and then surges after we are in a recession.Read More

Rates Edge Higher Again; Normality? Will Rates Fall Further?

Mortgage interest rates edged higher again today, and the 10 Year Treasury is at its highest level since late March. Rates edged higher largely in response to a stronger than […]Read More