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Post-Holiday Slump Plagues Stocks and Bonds, Marking Worst Kickoff Since 2003

Post-Holiday Slump Plagues Stocks and Bonds, Marking Worst Kickoff Since 2003

The Wall Street outlook for 2024 is looking uncertain, as investors grapple with concerns over Federal Reserve policy and witness a significant drop across various asset classes. The start of the year has been rocky, with all major asset classes declining in the first week, leading to substantial losses in popular exchange-traded funds tracking equities…

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Revision Reveals Overstatement of 439,000 Jobs in 2023 US Employment Reports

Revision Reveals Overstatement of 439,000 Jobs in 2023 US Employment Reports

The U.S. job market, once believed to be robust and recovering, has been thrown into question with the revelation that 439,000 jobs reported in 2023 were quietly erased by the government, according to Fox Business and other sources. This discrepancy has significant implications for economists, investors, and policymakers, as it paints a less optimistic picture…

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