Tag Archives: Payrolls

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    Full Employment, All’s Fair in Love and War

    Weekly Market Commentary November 5 2021
    by davefairtex

    Sunday, November 7, 2021, 7:42 PM

    23

    This week’s economic data: Payrolls: +531k headline, reasonably positive Auto/Light Truck Sales: +5.96% m/m, -26.3% y/y; heavy truck sales +9.025 m/m. Slight recovery. Wolf goes into more detail about the payrolls numbers. My summary: https://wolfstreet.com/2021/11/05/jobs-data-shows-something-big-changed-in-this-monstrously-overstimulated-economy/ Consumer spending surpassed its pre-pandemic record in Q1 2021 Private investment in buildings, equipment, and the like started setting new…

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