Beware the Bond Shock on Strong Nonfarm Payrolls

Beware the Bond Shock on Strong Nonfarm Payrolls

The Fed can't justify a rate cut soon on the strong jobs growth data. Expect bond selling and a follow-on hit to equities.

Trump's Call for Federal Reserve Stimulus Undermined by Strength of Own Economy

Trump's Call for Federal Reserve Stimulus Undermined by Strength of Own Economy

President Donald Trump has repeatedly criticized his own Federal Reserve chair, Jerome Powell, for keeping U.S. interest rates too high, despite a projected slowing in the economy. Yet a Labor Department report Friday showed that U.S. jobs growth continued at a strong pace in June, prompting some economists to assert that drastic monetary stimulus isn't warranted.

Three Job-Market Data Points Investors Are Overlooking

Three Job-Market Data Points Investors Are Overlooking

The poor economic trend in the past 10 months or so is pointing toward an interest rate cut. But looking under the hood of that data could paint an even darker picture.

Bank Stocks Rise as Strong Jobs Report Curbs Hopes for Steep Rate Cut By Fed

Bank Stocks Rise as Strong Jobs Report Curbs Hopes for Steep Rate Cut By Fed

A Labor Department report Friday showed the U.S. economy adding jobs at a faster-than-expected pace in June -- signaling to traders that the Federal Reserve might not need to cut interest rates sharply at a meeting later this month. Higher-than-expected interest rates could help banks' lending margins.

U.S. Jobs Growth Rebounded in June as Trump Economy Continues to Defy Old Age

U.S. Jobs Growth Rebounded in June as Trump Economy Continues to Defy Old Age

A report Friday from the Labor Department shows the U.S. economy added 224,000 jobs in June, following a disappointing increase of 75,000 in May. Economists had forecast a gain of 160,000 jobs.

What Happens When the U.S. Dollar Declines?

What Happens When the U.S. Dollar Declines?

Gold and oil often rise, earnings tend to surprise more when the dollar falls.

How to Predict the U.S. Unemployment Rate as Trump's Economy Slows

How to Predict the U.S. Unemployment Rate as Trump's Economy Slows

Recent data show President Trump's economy is slowing, less than two years after he campaigned for $1.5 trillion of federal-deficit-boosting tax cuts on a promise of faster long-term growth.

U.S. Private Employers Added 102,000 Jobs in June, Fewer Than Expected, ADP Says

U.S. Private Employers Added 102,000 Jobs in June, Fewer Than Expected, ADP Says

Private companies add a net 102,000 jobs in June, according to the payroll firm Automatic Data Processing. Economists had expected an increase of 140,000 jobs.

Trump's Economy May Be Too Strong for Federal Reserve Rate Cuts: Bank of America

Trump's Economy May Be Too Strong for Federal Reserve Rate Cuts: Bank of America

Despite a slowdown, U.S. manufacturers are still in expansion mode, and that may make it harder for the Federal Reserve to justify interest-rate cuts, Bank of America says in a new report.

Will the Fed Cut Rates in July? Six Key Dates to Watch

Will the Fed Cut Rates in July? Six Key Dates to Watch

Any surprises in key data could seal the deal for a rate cut at the Federal Reserve July 30-31 meeting.