Plus: does today’s jobs report show a stall, or a slow rebound?
“…it’ll take 18-24 months to get all those jobs back.”
There’s only one solution … and it’s not coming quickly enough yet.
Unemployment at 6.7%, but ….
Unemployment steady? Well …
“I don’t know why anybody would seriously consider investing in the city.”
“It’s people stealing consumables and items associated with children and babies.”
3-6 pm ET!
Politico: “the most movement we’ve seen in months” on relief?
“…a marked cooling in demand for workers amid overall slowing in economic momentum.”
Q3 second estimate: Still 33.1%.
Duane Patterson, Peter Grandich at 4 ET!
“I think I’d peg the odds as pretty low.”
Through the lens of stimulus …
Unemployment drops to 6.9%.
“Difficult measures have to be taken.”
Weekly jobless claims beat expectations as well.
Plus: Durable goods jump in September.
Andrew Malcolm, Jeff Dunetz, and King Banaian at 4 ET!
“That is a big statement.”
Are we sure they’re not?
“Frankly, his staff ought to be brought up on charges of political malpractice.”
“Congress really should get its act together …”
EU: We’re still talking.
“My members think half a trillion dollars, highly targeted is the best way to go.”
“Well, their memory is not very good, quite frankly.”
Politico: What were both sides thinking?
Big drop in continuing claims?
Andrew Malcolm, Peter Grandich at 4pm ET!
Will Pelosi budge?
Go long and go deep?
Signal for stimulus?
Progress, regardless of media coverage.
Cato: Phase 4 should be dead by now.
So much for Phase 4?
“the assumption should be that the vast majority of claimants have legitimate claims to what they are owed”
Dispute over a mask
Back to the drawing board