The sell-side is starting to weigh in on what this morning’s jobs report may or may not mean for the prospects of September tapering on 9/18. Here’s BofA Merrill Lynch: In light of the mixed employment report, we are sticking to our call for “no taper in September.” However, given the lack of guidance out of the…
The Dangers of Twerking
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Let me save you some time
Let’s briefly touch on August NFP before moving on to a more important point. The jobs report – it was a debacle. Everything about it: The headline number was a miss (169k jobs added versus consensus of 175k and a whisper number closer to 200k). Teen unemployment above 22%. Most of the adds were McJobs…
Hot Links: Making Babies
Your morning financial links, expertly curated.
Clips from Today’s Fast Money
Syria Strategy
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Hot Links: Who Do You Hate?
Your morning financial links, expertly curated.
Clips from Tonight’s Kudlow Report
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BRICbreaker
The BRICs theme is coming apart. The idea of owning Brazil, Russia, India and China stocks as though they’re some sort of special grouping or separate asset class is losing credibility among investors at an alarming rate. Here are two must read takes on why this is the case and what to do about… First,…
Appearance: Colorado FPA Symposium next week
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