Topic: Peter Boockvar

November's jobs report, as expected, showed a slight pickup in hiring, but the surprising positive -- a lower unemployment rate -- could be masking...
Sales of newly built homes are bouncing around a bottom, but prices are now at the lowest level of the year. The median price of a new home came in ...
New U.S. claims for unemployment benefits fell below 400,000 last week for the first time in five weeks, suggesting a modest improvement in the...

Homebuilders Still in the Woods

The best number out of Wednesday's report on sales of newly built homes is not the 7.3 percent bump up in signed contracts, it's the drop in...
Is the labor market headed for a fresh round of trouble? Today's weekly jobless claims report provides some new motivation for going over to the...

Private sector job gains beat expectations

U.S. private employers added more jobs than expected in January, underscoring views the employment picture is slowly improving.. . The private...

U.S. stocks lower as quarter winds down

U.S. stocks fell Thursday, scaling back the market's best September performance in decades, as investors engaged in end-of-quarter position squaring. The market's turn came after the measure of manufacturing activity in the Chicago area improved in September, but also ...

The Economy Is in a Sweet Spot

Last week I described the economy as stuck in the middle, a description of the recovery from the perspective of middle America - improving, but not at a pace to make much progress in the labor market. Fast enough to push corporate profits ...