James Picerno
James Picerno's Latest Articles | 669
Still No Sign Of Recession Risk In Latest Jobless Claims Data
Never say never in macroeconomics, especially when it’s based on one economic indicator. But the longer that initial jobless claims zig zag lower, the harder it’ll... Read »
Vanguard’s Forex-Hedged Foreign Bond ETFs
Vanguard will soon be launching its first foreign-bond funds, although the roll-out date has been delayed, the firm reports. The proposed set of ETFs and index mutual... Read »
Job Openings On The Rise
Job openings in the U.S. rose to 3.4 million on the last business day of December, up from 3.1 million a month earlier, the Labor Department reports. “Although... Read »
The Seasonal Factor & January’s Encouraging Employment Report
January’s payrolls report looks convincingly strong to many economists, but some skeptics warn that the seasonal adjustment in first month of the year is usually... Read »
Private Payrolls Post A Surprisingly Strong Gain In January
Today’s employment report from the U.S. Labor Department delivered a hefty blow against the idea that recession risk is high for the immediate future. Private... Read »
Continued Improvement for Manufacturing Activity in January
January looked a bit better through the prism of the ISM manufacturing index, which rose again last month to 54.1 from December’s 53.1. That’s the third... Read »
ADP: Job Growth Slows In January
Job growth slowed in January, according to ADP. It wasn’t a cataclysmic slowdown, but it’s enough to keep the debate about recession risk bubbling. U.S.... Read »
U.S. Economic Growth Accelerates Modestly In Fourth Quarter
Another backward-looking economic report dispatched a fresh round of hope today for thinking that a new recession isn’t knocking on our collective doorstep.... Read »
Mixed Message? Jobless Claims & Durable Goods Orders Rise
Initial jobless claims increased last week, but so did new orders for durable goods in December. It’s a mixed bag of news, but a closer look suggests that... Read »
The IMF Downgrades Global Growth But Sees No Fallout For The US
Does the International Monetary Fund’s diminished outlook for the global economy lay the groundwork for thinking that recession risk is elevated for the U.S.?... Read »







