It is the 25th of June 2017

News

Stocks & Bonds Slip As US Macro Slumps To 16-Month Lows

So... we have another terror attack in London, the biggest geopolitical earthquake in the Middle East in years, US macro data is dreadful... and stocks don't budge...

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The Last Time Hedge Funds Were This Short, Small Caps Plunged 30%

The Russell 2000 Index posted a 2.2% decline in May, its worst month since October, and it appears a large swath of investors is now betting it has further to fall.

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The US Jobs Market Is Much Worse Than The Official Data Suggest: The Full Story

Following Friday's disappointing payrolls report, yesterday we showed another even more troubling fact about the state of the US labor market: since 2008, over 93% of the total 6.7 million net jobs "created" in the past decade, have been statistical, existing simply inside an excel model somewhere in the US Department of Labor, as a result of the BLS' favorite fudge factor, the Birth/Death adjustment

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The US Jobs Market Is Much Worse Than The Official Data Suggest: The Full Story

Following Friday's disappointing payrolls report, yesterday we showed another even more troubling fact about the state of the US labor market: since 2008, over 93% of the total 6.7 million net jobs "created" in the past decade, have been statistical, existing simply inside an excel model somewhere in the US Department of Labor, as a result of the BLS' favorite fudge factor, the Birth/Death adjustment

Read More

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