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Posts tagged ‘economy’

November Jobs Report – Nothing New in November



The Department of Labor reported on Friday that 178,000 jobs were added in November, roughly what the 2016 average has been. The unemployment rate ticked down to 4.6%, which is the lowest since 2007, however the labor-force participation rate and wage growth were both down. Here are my thoughts on…

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From Deflation to Reflation



If there’s one statistic that symbolizes the tremendous amount of excess capacity globally and, in turn, its deflationary impact on prices, it would be the Chinese producer price index (PPI). Looking at year-over-year changes, Chinese producer prices have been declining for the past 54 months.…

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