WASHINGTON WATCH: YEAR-END BARNACLES ACCUMULATE ON SHIP OF STATE
By Denny Gulino THE WHITE HOUSE (MaceNews) – As time suddenly is about to run out for 2019, government funding, USMCA, the China trade deal and the expected Senate impeachment trial look like calendar items for 2020. And with a jobs report like the one published earlier Friday, who cares? For once stock markets had […]
NOV JOBS RPT BLOWOUT RESETS ECONOMIC NARRATIVE – AGAIN
–Payrolls +266,000; Sept/Oct Revised +41K; Unemp Rate 3.5%; Annual Wages +3.1% By Denny Gulino WASHINGTON (MaceNews) – The November job report’s 266,000 payrolls surge Friday exceeded all expectations even without counting the end of the GM strike, challenging the view that the long and somewhat subdued economic expansion should be showing signs of exhaustion. The […]