President-elect Joe Biden’s nomination of Janet Yellen to lead the Treasury Department makes assessing less covered labor market datasets – such as the Job Openings and Labor Turnover Survey (JOLTS)…
Day: December 9, 2020
MarketWatch: "How oil prices — and the Dow — signal confidence in a ‘normal’ economic recovery from COVID chaos"
Excerpt from MarketWatch quoting DataTrek’s Nick Colas and Jessica Rabe: …. “Don’t let the green energy revolution fool you into thinking crude oil prices don’t have something to say about…
Dow Says “Recovery”
What’s driving the Dow Jones Industrial Average’s new highs after finally breaking out in mid-November? Two points to set the discussion: The Dow hit a new all-time high on November 16th…