Ben Carter
Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
Jobs Report Looms as Mortgage Rates Hover Near Lows
Markets watch Friday jobs volatility, steady-lowish mortgage rates, and China’s CPI rise amid PPI deflation.
China CPI Hits Three-Year High as PPI Deflation Persists
December CPI rose 0.8% on seasonal food shifts, while PPI fell 1.9%, highlighting weak demand.
Mixed Labor Signals Set Up Key Test in Jobs Report
ADP’s 41,000 December gain and lower JOLTS openings contrast with rising job-loss fears before Jan. 9.
Mortgage Rates Edge Up but Hold Near Late-2024 Lows
Freddie Mac’s 30-year rate ticked to 6.16% as jobless claims lifted yields ahead of Friday jobs data.
ADP Rebound, K-Shaped Growth Keep Fed On Edge
Jobs data and sticky wages collide with K-shaped growth, tariff uncertainty, and Venezuela’s oversupplied oil push.
Trump’s Venezuela Oil Push Runs Into Oversupply and High Costs
With crude near $60 and breakevens around $80, heavy sour barrels need stability and incentives.