US Jobs: Private Payrolls Rise By 233k In October After Rising 319k In September (-27% MoM), Unemployment Rate Edges Up To 3.7% As Wage Growth Cools To 4.7% (Too Bad Inflation Is At 8.2%)

by confoundedinterest17 President Biden just lost one of his midterm election talking points. “The U-3 unemployment rate the lowest since (garbled) at 3.5%!” Because it now has risen in October to 3.7%. Private payrolls added 233k jobs in October, which is a …

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China May Be ‘Uninvestable’ After All.

via seekingalpha: This is not the first time analysts have issued dire warnings against investing in Chinese stocks. From our standpoint as advocates of long-term investing, we too share the view that what qualifies as a high-quality investment, necessarily requires some …

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