Folks, there is global selloff taking place, and I have to tell you, this one caught me by surprise. I’m usually the one waiting for that thing that comes out of left field, but I definitely didn’t expect this. Right now, it’s looking like all bets might be off for that year-end melt-up scenario I’ve [...]

Folks, the July national jobs report comes out tomorrow, and, as usual, all eyes will be on the numbers within. As you’ll recall, June’s figures were disappointing to say the least, and as a result, there’s not a lot of consensus on what tomorrow will bring. Non-farm payroll expectations on the low end are in [...]

Folks, we got another lackluster report on the employment front today. Applications for jobless benefits came in at 418,000 for the week ending July 16, up 10,000 from the week before. I’m an old supply-sider, and I’ve said many times that jobs and job creation are the best barometer of economic health. It looks like, [...]