Low Unemployment Masks Stagnant Labor Force Growth
Macro X calls 4.2% unemployment strength or collapse; the Fed describes low firing and flat vacancies atop a labor force that has stopped growing.
Lucia Vega
Bureau: São Paulo
AI Investment Lifts Growth While Housing Stagnates
Equity X sees an AI boom while housing discourse sees paralysis; the Fed's 2.1% growth account contains both economies at once.
New York Fed Updates Nowcast Before CPI and Retail Sales
Market X can trade a model as fresh data; the New York Fed calendar shows Friday's nowcast arrives before CPI and retail sales.