Tag Archives: Jobs Report

Financial Daily Dose 7.8.2019 | Top Story: Friday’s Solid Jobs Report Prompts Rate-Cut Concerns

BY: Michael D. Reif | July 8, 2019

We managed to miss Jobs Report Friday because of the holiday break, so here’s the lowdown on a very strong set of numbers—224,000 jobs added—and the seemingly incongruous market reaction to the good news (it’s all about the Fed and interest rates, my friends) – NYTimes and WSJ and Bloomberg and MarketWatch and Marketplace Turkey’s … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | March 8, 2019

Jobs Report Friday! Here’s what to watch as you’re sorting through the numbers this morning – WSJ and Marketplace and Bloomberg and NYTimes With their concerted effort to address market uncertainty through major foreshadowing, it’s rare these days that central banks can truly surprise. And yet, Mario Draghi and the ECB managed to do just … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 4, 2016

Where has the time gone?  It’s a Jobs Report Friday again.  As you peruse, keep in mind the five things the Journal was watching – WSJ Breakingviews says that Credit Suisse’s attempts at cutting costs to push it back into the black may look good today but might not bode as well given the extra … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | April 1, 2016

Well, can’t say we didn’t see this coming. Fresh off of shedding two more financial-related business units (and a day removed from the MetLife SIFI decision) GE has requested that federal regulators withdraw its own SIFI label – NYTimes and Bloomberg and Law360 And after all of that . . . Marriott wins the Starwood … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | February 8, 2016

Friday’s jobs report was disappointing as compared to the month earlier, but it contained news of a half a percentage point increase in average hourly earnings that pleased some economists who have been worrying about stagnant wages – NYTimes This weekend’s Fair Game, coming on the heels of Barclays and Credit Suisse’s $154 million settlement … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | January 8, 2016

Some broader perspective on the latest round of plunging Chinese markets, namely, the harsh disruption of what had been touted by President Xi Jinping mere weeks ago as “a new era of economic management [with] policy coordination at the highest levels to prevent another bout of turmoil” – NYTimes Here’s how Friday’s trading day in … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | December 4, 2015

Government-released US jobs report out today.  General consensus is that no matter the numbers on job creation, the slow-to-rise wages and below-target inflation will make any Fed liftoff really gradual – WSJ and Bloomberg JPMorgan’s accused of digging itself a bit of a hole in its treatment of a former broker who played whistleblower of … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | November 6, 2015

A federal jury in Manhattan yesterday deliberated for over 8 hours before returning a guilty verdict on conspiracy and wire fraud charges against former Rabobank personnel Anthony Allen and Anthony Conti for their role in rigging Libor. The duo will be sentenced in March and face significant prison time – Law360 and NYTimes and WSJ … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 5, 2015

After years of diplomatic and political wrangling, both at home and abroad, the US and eleven Pacific Rim nations have finalized the details of the Trans-Pacific Partnership—a potentially “precedent-setting model for global commerce and worker standards that would tie together 40 percent of the world’s economy.” The deal, aided by  the President’s fast track trade … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | September 4, 2015

The hotly anticipated US jobs report (flaws and all) is out today: the official numbers show 173,000 jobs added—fewer than expected, though perhaps ripe for revising next month—while the jobless rate ticked down to 5.1% – NYTimes and WSJ The report is receiving particular focus because of its likely impact on the Fed’s decision to … Continue reading