by Mark Chandik | Jun 8, 2026
Well, that was a pleasant surprise. The US Bureau of Labor Statistics (BLS) reported that nonfarm payrolls rose by 172,000 in May, more than double the 80,000 economists had expected, according to a Wall Street Journal survey. On top of that, the most recent readings...
by Mark Chandik | Jun 1, 2026
“AI Is Erasing Entry-Level Jobs—and the Training That Comes with Them,” according to a January story from Forbes. That, at least, is the conventional wisdom. But does the conventional wisdom collide with reality? There may be some good news brewing on the job front,...
by Mark Chandik | May 26, 2026
What’s driving bond yields higher? Since the recent low, the 10-year Treasury yield has climbed nearly three-quarters of a percentage point. The 10-year is a key benchmark because many borrowing rates, including mortgage rates, closely track its movements. We’ve also...
by Mark Chandik | May 19, 2026
S&P 500 corporate profits are surging in the first quarter, helping to push both the S&P 500 Index and the tech-heavy Nasdaq Composite to new highs this month. Let’s quickly run through the numbers. With 90% of S&P 500 companies having reported Q1 results...
by Mark Chandik | May 12, 2026
Following concerns early in the year, the job market appears to be re-awakening after April’s closely followed labor report. On Friday, the US Bureau of Labor Statistics (BLS) reported that nonfarm payroll rose by 115,000, more than double expectations. Private-sector...