Today witnesses the extreme hype of US employment data. Today’s data also has annual benchmark revisions, which will confuse the headlines. Weirdly, the US Bureau of Labor Statistics has cancelled all briefings explaining data. This is not necessarily helpful as data becomes more complex, inaccurate, and misunderstood. It has also fueled disquiet that the ne ... Show More
Yesterday
Top of the Morning: US Financials - Sector update & outlook
We cover a range of sector-related topics, spanning concerns over subprime consumer credit and private credit, a preview of the upcoming Q3 earnings season for financials, sector positioning, and YTD performance across sub-sectors. Featured is Jeff Harwood, CIO Financials Analyst ... Show More
9m 10s
Sep 6
Trump rebrands Department of Defence Department of War
President Trump has signed an executive order renaming the Defence Department, the Department of War; Defence Secretary, Pete Hegseth, said the change was to restore a warrior ethos. It must be approved by Congress although it is likely to pass. Also: Darth Vader's light sabre is ... Show More
27m 24s
Sep 7
Investigators: 'Cable snapped before Lisbon funicular crash'
Portuguese officials investigating Wednesday's deadly funicular crash in Lisbon, which killed 16 people, say a cable snapped, but the rest of the mechanism was functioning properly. They added that the brakeman tried to apply emergency brakes but failed to prevent the derailment. ... Show More
28m 58s
Jul 2
Is the U.S. Job Market Weaker Than It Looks?
P.M. Edition for July 2. The U.S. has been adding jobs at a respectable clip, though the pace has been slowing. But WSJ economics reporter Justin Lahart reports that the labor market is showing other signs of softness. Plus, Tesla reports disappointing second quarter numbers, fol ... Show More
12m 5s