November 16, 2020 | Daily JAM, Morning Briefing |
Today Moderna (MRNA) announced that its coronavirus vaccine was 94.5% percent effective. Last Mond... 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...
November 12, 2020 | Daily JAM, Morning Briefing |
New claims for unemployment in regular state-run programs fell to an adjusted 709,000 in the week en... 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...
September 26, 2020 | Daily JAM, Friday Trick or Trend, Mid Term |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. On Friday...
September 5, 2020 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. Before...
September 4, 2020 | Daily JAM |
The United States added 1.37 millions jobs in August, the fourth straight monthly gain. Economists surveyed by Bloomberg had expected an increase of 1.35 million jobs. The official unemployment rate fell by more than expected by almost two percentage points to 8.4%....
August 22, 2020 | Daily JAM |
On Friday August 21, Reuters reported that Wells Fargo (WFC) had in early August resumed the job and cost cutting program that it had paused in March as the coronavirus pandemic raged toward its heights in the United States. In July the bank said it would resume...
August 5, 2020 | Daily JAM, Short Term |
The ADP Research Institute report on private payrolls doesn't always track with the government's monthly jobs report, but the trends usually matches up. Which argues that Friday's July jobs report will show that the economy and the labor market took a step backward in...
August 1, 2020 | Daily JAM |
Congressional leaders, plus White House negotiators chief of staff Mark Meadows and Treasury Secretary Steve Mnuchin, met today, Saturday, August 1, in an attempt to hammer out some kind of coronavirus rescue package that would support what looks like a flagging...
June 11, 2020 | Daily JAM, Mid Term, Morning Briefing |
Initial claims for state unemployment benefits continued to trend lower with 1.54 million workers applying in the week ended June 6. That's down from 1.9 million initial claims in the prior week. (Economists surveyed by Bloomberg had projected 1.55 million initial...
March 10, 2020 | Daily JAM, Short Term, Volatility |
Stocks broke higher this morning on President Donald Trump promise to announce "something dramatic" at a press conference today to combat the slowdown in the economy caused by the coronavirus outbreak. The Standard & Poor's 500 was up 3.33% to 2844.16 at 10:12...
March 9, 2020 | Daily JAM |
President Donald Trump, speaking at a White House news conference today, Monday, March 9,, said that he plans to announce “very dramatic” actions to support the economy at a press conference on Tuesday following discussions with lawmakers. The actions seem likely to...
February 6, 2020 | Daily JAM, Morning Briefing |
The ADP Research Institute report on private payrolls, released yesterday, showed a gain of 291,000 jobs in January. That blew away economist forecasts for 157,000 net new jobs in the month, according to Bloomberg's survey of economists. The January gain would be the...
