GDP Growth Is About To Explode

Black Friday and Cyber Monday dates of November 2021 getty Last Wednesday multiple economists significantly increased their GDP growth forecasts for the December quarter. While the September quarter’s growth seems to be just above 2% after two quarters of 6% plus growth, it appears that December’s quarter growth could even be significantly above the first…

What Does Omicron Mean For Markets?

A passenger holds his mobile phone while looking at an electronic flight notice board displaying … [+] cancelled flights at OR Tambo International Airport in Johannesburg on November 27, 2021, after several countries banned flights from South Africa following the discovery of a new Covid-19 variant Omicron. – A flurry of countries around the world…

New Jobless Claims Unexpectedly Fall To 52-Year Low Even Though 2 Million Americans Are Still Receiving Unemployment Benefits

Topline New jobless claims fell substantially last week to their lowest level in 52 years—faring much better than economists were expecting and continuing a slew of promising developments for the labor market, which has staged an encouraging comeback in recent weeks despite struggling to add back workers who lost jobs during the pandemic. Economists were…