The Signal and the Noise: The January jobs report was remarkable in that the actual job growth of 517,000 was nearly three times the consensus projection.
Does this mean the fears of recession can be put aside? Dr. Brian Wesbury doesn’t think so.
He writes that while “The difficulty of forecasting in this environment is absolutely astounding”….So, while we never want to ignore a number like the January jobs report, we have to question how much is signal and how much is noise.” Find out why he thinks “The Game Isn’t Over.”
Housing: The next Wave: The housing market has long been a bell weather of the macro economy. The craziness of the Covid economy manifested itself in unprecedented and unpredictable surges in residential real estate. What next? ITR Economics’ Lauren Saidel-Baker looks at “the two key reasons why Single-Unit Housing Starts are finally contracting.”
“Brace for Impact” says Vistage Speaker Marc Emmer who offers an interesting 2 minute video on some surprising aspects of wage trends especially as regards job changers versus those that stay put, and wage raise differentials between men and women.
