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US Job Growth Revised Lower By 79,000 In Annual Benchmark Estimate
US Job Growth Revised Lower By 79,000 In Annual Benchmark Estimate
In our preview of today's preliminary benchmark revision of US jobs - published by the BLS 'conveniently' just as Kevin Warsh started to speak - we said that according to Goldman calculations, for the first time in 3 years and just the second time since 2018, the BLS was going to revisedpayrolls modestly higher "based on the nine months of data released since the last benchmarked period, March 2025."
Specifically, Goldman's economists expected "a preliminary upward revision on the order of 50-450k which...
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Jun 10, 2026 / Tyler Durden
These Are The Six States Celebrating America 250 By Raising Your Gas Tax
These Are The Six States Celebrating America 250 By Raising Your Gas Tax
Authored by Larry Behrens via WattsUpWithThat.com,
The final countdown for America’s 250th birthday is on. Families will be planning road trips, parades, vacations, reunions, and cookouts to celebrate the greatest nation in history. But in six states, politicians have a different idea for the party: raise taxes.
Beginning July 1, drivers in California, Washington, Illinois, Maryland, Virginia, and Mississippi are scheduled to see higher state gas taxes. In other words, as the country prepares to celebrate casting aside a tax-heavy king in favor...
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Aug 20, 2026 / Tyler Durden
The Great Reversal: Decades-Long Bond Bull Lacy Hunt On His Bearish Pivot, Tonight
The Great Reversal: Decades-Long Bond Bull Lacy Hunt On His Bearish Pivot, Tonight
For nearly four decades, Dr. Lacy Hunt has been one of Wall Street's most steadfast bond bulls.
As chief economist of Hoisington Investment Management, Hunt built his reputation around a simple but powerful thesis: globalization, excessive debt and slowing growth would keep inflation and interest rates suppressed. He maintained that view through the aftermath of the financial crisis, a decade of ultra-easy monetary policy, and even the COVID explosion in money supply and inflation.
Now, the bond legend is...
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Sep 24, 2026 / Andrew P. Napolitano
Fulton Sheen and Me
History yields people whose influence extends far beyond their earthly lives. They become teachers to generations they never met, spiritual companions to people whose names they never knew, and reminders that faith is not merely a set of propositions to be accepted but a way of life to be embraced. For me, one of those […]
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