With Britain and other parts of northern Europe basking in unseasonably warm temperatures which are forecast to last for a few days, while parts of the USA gring to a halt under a blanket of snow dumped by freak storms are, accoring to climate scarmongers, a signal that irreversible warming...
Although the data suggests the economy continues to grow this is another example of a major data release coming in below expectations. Expectations are particularly relevant for currency markets, with the Pound having benefited for much of 2023 as gloomy economic expectations were constantly beaten by...
There were four important takeaways from the US jobs data.First, job growth was 20% more than the median forecast in Bloomberg's survey, consistent with a strong labor market. Second, the tick down in the participation rate (to 62.1%) means businesses, investors, and policymakers cannot coun...