11/25/2025
The drop in consumer confidence does not square with the market rally today. The explanation is that this is a wave two rebound. Counter trend rallies are fierce in bear markets and this one lives up to the reputation. But the days before a holiday are usually upbeat as this one is.
Who needs the BLS when we have the ADP report?
Trump can fire the latest BLS exec but he can't run from the truth, see below and click above for article.
The U.S. labor market is showing further signs of weakening as the pace of layoffs has picked up over the past four weeks, payrolls processing firm ADP reported Tuesday.
Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said as part of a running update it has been providing. That’s an acceleration from the 2,500 jobs a week lost in the last update a week ago.
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