This Week On Wall Street

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Coming In Hot

Coming In Hot

Average hourly earnings climbed 2.9% in August from a year earlier, the fastest wage growth over the course of this economic expansion. Rollbacks matter... Bonds are weak across the board on the employment/wage news.  The major treasury ETF's, including TLT, IEF and...

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Like It’s 1969

Like It’s 1969

Jobless claims haven't been lower since 1969: Some color from Bespoke:  Jobless claims continued to amaze this week coming in at a level of 203K versus consensus expectations of 213K.  This week’s report also marks a record 183 straight weeks where claims have come in...

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The Worst Month

The Worst Month

Enter September.  Since 1950 no month has a lower average return(-0.47%): More: Since 1950, no month sports a lower average return than September, with the S&P 500 Index down 0.47% on average. June and August are the only other months that are generally in the...

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