December employment report: Big job growth but where’s the wage growth?
In December the U.S. economy added 290,000 jobs, well above the median estimate of 200,000 among economists surveyed by Bloomberg, but wage growth disappointed at 2.5% year over year
Chinese regulators to suspend Shanghai stock circuit breakers as of tomorrow January 8
The new circuit breakers that were supposed to damp market volatility in Shanghai have lasted less than a week. The mechanism, introduced on Monday, January 4, will be suspended tomorrow January 8
Can Friday’s U.S. jobs number stop a developing negative trend in U.S. stocks?
We’re not in a clear downtrend yet for 2016–three days don’t make a year–but the market certainly looks vulnerable
If tensions are rising in the Middle East, why isn’t oil up today?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Never mind: People’s Bank rushes to support Shanghai stocks
What’s funny–in an “Oh No” instead of a “Ha, Ha” kind of way–is that the strong intervention Tuesday by the People’s Bank didn’t actually produce a rally to recoup any of yesterday’s 7% loss
Cheniere Energy gets a crucial tests as first trains start to liquify natural gas
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...China sets off global stock market rout
Overnight the Shanghai Composite Index fell 7% before new circuit breakers halted trading on the exchange. Other global indexes followed Shanghai’s lead–without matching all the volatility seen in Shanghai.
Manufacturing in China remained in contraction in December
China’s official purchasing managers index for manufacturing moved up in December from the three-year low it hit in November, but the index showed remained below 50 showing that the sector remained in contraction.