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Many times I have discussed the labor participation rate (LPR). The LPR is quickly rising in stature as the unemployment rate indicates an economy close to full employment. I have often remarked a major reason for today’s low unemployment rate is result of the large...

FRB Chair Yellen spoke Friday.  In my view little new ground was broken however as written previously any Fed address can be of significance given their potential influence upon the financial markets....

Stocks led by energy rallied yesterday on the belief that monetary policy will remain unchanged until March 2016, perhaps under the simplistic guise of “bad is good.” September’s ISM non-manufacturing data disappointed albeit the data is consistent with GDP growth of 3.5%. Even allowing for...

Stocks rallied yesterday as Treasuries tumbled as data suggested a resilient consumer.  Retail sales is suggesting third quarter growth can be potentially around 3.0%.  The two year treasury or the treasury most sensitive to monetary policy rose to the highest level since 2011.

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Markets traded lower Friday on August’s employment data.  I believe the statistics were mixed and can be used to make a case for or against a rate hike at the upcoming FOMC meeting.  I again ask does 0.25% really matter economically?  Unfortunately it...