The US economy added 248k jobs for the month of September, the BLS said today. It was way above expectations. Notably, the U6 Underemployment number that everybody harps on is now under 12%, a low not seen since the Lehman Autumn. Also, the headline unemployment rate dropped down to 5.9%. I can’t remember the last…

The big guy did Squawk this morning. He talked about his love for bank stocks, his new foray into the auto dealership biz, tax inversions, an investment mistake and more. Some clips below ICYMI:

LPL Financial’s CIO, Burt White, has a very succinct piece of research about why the yield curve is one of the five most important indicators the firm keeps an eye on. He notes the fact that an inverted yield curve has a perfect record of forecasting recessions over the last half-century, although the timing is…

There’s really nothing else to talk about other than the US dollar. A convergence of various factors has sent the greenback soaring against the basket all quarter long and it’s had a huge impact on the stock market (not a good one). The higher the US dollar, the worse things get for commodity-related stocks (oil…

The MidCap 400 index dropped below its 200-day moving average for the first time since November of 2012, almost two full years ago. It only stayed below for two trading sessions at that time and quickly rebounded. But the point is, this is a large swathe of the market joining the Russell 2000 into a…