Riders on the Storm

The employment consensus estimate for last Friday was 180k.  The actual number was 113k, a rather large miss!  For 2013 the monthly average was 194,000.  The January number is on the back of the weak December number where only 74,000 jobs were added, revised marginally to 75,000 in January.  The overall employment rate however dropped… Continue reading Riders on the Storm

Does China’s Economic Reform Mean My $10 Jeans are Going to Get Cheaper?

A couple of weeks ago I purchased jeans for $9.95 at Walmart.  These looked much like the Levi jeans I used to purchase for much more, years ago.  I was curious to see who else offered jeans this cheaply and also to verify where they were made.   While I didn’t spend much time, it was… Continue reading Does China’s Economic Reform Mean My $10 Jeans are Going to Get Cheaper?