Friday, July 5, 2019

@7:10, , 7/5/19|

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What to Expect From the June Jobs Report

Ben Casselman at NYT > Politics - 56 minutes ago
Economists are looking for a rebound from May’s weak figure, but too big a bounce could rattle the markets.
 
The noise of summer jobs has hiden any real information.
 

NATO Considers Missile Defense Upgrade, Risking Further Tensions With Russia

Julian E. Barnes at NYT > Politics - 3 hours ago
Some alliance officials think the move is needed to counter Russia’s new cruise missiles, but it could be “a point of no return with the Russians,” one expert said.
 
Putin and Trump have made NATO nervous.
 

Friday: Employment Report

Calculated Risk at Calculated Risk - 8 hours ago
Happy 4th! My June Employment Preview Goldman: June Payrolls Preview Friday: • At 8:30 AM, *Employment Report* for June. The consensus is for 165,000 jobs added, and for the unemployment rate to be unchanged at 3.6%.
 
Still guessing.  People feel happy. 
 

With Flyovers and Flags, Trump Plays M.C. for the Fourth

Michael D. Shear at NYT > Politics - 9 hours ago
The president began with a rare call for unity in his 45-minute speech, but mostly spent time recounting the history of the armed forces, planes punctuating his message.
 
A soggy event.   Trump did not help.
 

Happy Independence Day

Ian Welsh at Ian Welsh - 15 hours ago
It’s sometimes unclear to me that the US has been more of a good thing than a bad thing, but happy Independence Day. Remember to thank the French, there’s a fairly strong case that without them America would have lost the War of Independence. But every powerful nation has committed their share of atrocities, so, […]
 
Canada remembers 1812.
https://en.wikipedia.org/wiki/War_of_1812
The second amendment should have died in the war.
 
 
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