Meanwhile, President Trump saying he's going to announce a new head of the Bureau of Labor Statistics this week. He made the comments before boarding Air Force One last night. >> We'll be announcing a new statistician sometime over the next 3 4 days.We had no confidence. I mean, the numbers were ridiculous what she announced. >> President's comments coming, of course, in the wake of criticism over his firing of the head of the BLS after Friday's worst thanex expected jobs numbers.President believes that BLS ...

Let's get the take for for your state of the market right now. Given what we saw with the jobs report, given what we saw with the firing of the Labor Department's chief statistician, is this a cause for concern with regard to how investors should treat the current market environment. >> Yes, we do think it is a cause for concern.We think that the market in the long term is going to continue to go higher but there are going to be concerns related to the deficit to the tariffs and particularly with this emplo ...

You've been analyzing economic metrics, financial markets for years now. Have you always trusted the numbers from the BLS despite who was in the White House. Listen, >> I I I think to make the claim uh that these numbers to quote the president have been rigged, uh I think big extraordinary claims require extraordinary evidence. And if the president is going to say this, he requires, I think, extraordinary evidence, uh, which I don't think exists.Listen, uh, you know, Bill Beach, that was a, you know, that w ...

The Bureau of Labor Statistics literally can’t count.They couldn’t count under Biden and they still can’t count under Trump.I have been saying this for years.The people calculating economic data have to be able to count or we need new people. ...

Uh for more, let's bring in Muhammad Alian, Alon's chief economic adviser. And let's just start there, Muhammad, with your reaction to to this move and just the general uh your general take on the integrity of US economic data and what it means for markets. So Mike, we've long known that we have problems with certain data.It's methodology is fewer people are responding and as Aean just said you estimate quite a few things and then as you get the data you go back and revise it. So these issues have been ther ...

Claire Jones, Financial Times. Um, just a question on the dollar. We've seen it decline quite heavily this year.I was wondering if there's been any discussion about that at the meetings and how to what degree that may be complicating your attempts to get inflation back to target. Thank you. >> So, this this goes back to the division of labor between the Fed and the Treasury, as you I'm sure know. and you know that that the the Treasury only uh speaks to the speaks to the dollar. Um it's not it's not somethi ...

Australia will begin publishing a complete monthly measure of inflation from Nov. 26, addressing a long-standing gap in the nation’s economic data. https://t.co/dqQWGV53mH ...

Labor Market Analysis - Job vacancies significantly increased, reaching a 6-month high and exceeding forecasts [1] - The labor market isn't showing signs of weakening, remaining relatively stable [2][3] - There are 7769000 job openings [2] Bond Market Impact - Strength in the labor market could influence the Federal Reserve's upcoming meeting [1] - Two-year and ten-year yields closed at their lowest levels since May 1st prior to Chairman Powell's comments [3] - Rate reversals occurred around 9:30 Eastern time following J Pal's headlines [4] - S&P Global PMIs and Jolts number contributed to upward volatility [4][5] - Major flattening observed, with two-year yields rising more sharply than 10 and 30-year yields [5][6] Currency and Equities - The dollar's performance mirrors the 10-year chart, turning around at the same time and moving higher [5] - Positive indicators for equities and potentially higher rates [2]

So maybe Art, we'll start big picture here because I'm curious. Art, what is the latest Art Hogan target, year-end target for the S&P. Art, where are we.Yeah, so our target is 6200, which uh doesn't seem that aggressive in the here and now, but certainly felt aggressive uh back in April. So I I would tell you this. I think we've done a good job of going from a defensive first quarter where everyone was piling into things like consumer staples, utilities, healthcare, gold, and treasuries to where now we feel ...