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.
Posts by P&L Staff Posts by P&L Staff Posts by P&L Staff
Posts by P&L Staff Posts by P&L Staff Posts by P&L Staff
P&L Staff
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.
Forecasters See K-Shaped Growth as Policy Drives Early 2026
Analysts expect expansion, with fiscal tailwinds masking rate- and price-driven strain on lower-income households.
ADP Jobs Rebound, Sticky Wages Complicate Fed Cuts Outlook
December added 41,000 private jobs after a revised November decline, while job-changer pay rose 6.6%.