Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Vietnam’s population hit the 100 million milestone. Where’s it headed? 
Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia 
Trump has made more than $1 billion from crypto in a year. How? 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Smartphones are helping filmmakers tell the stories the movie industry overlooks 
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 
To understand the underlying job growth momentum we decided to look beyond the robust headline number of the non-farm payroll and take a deeper look into the other payroll numbers.In recent days the strength of the Job data has surprised many market participants, dumbfounded the forecaster and even the Federal Reserve. So we decided to present a data that has been a good pre cursor of the underlying momentum.
This particular data point of job openings was losing momentum well before the economy fell into the grasp of the great recession in latest data shows that the Job openings are not only robust in the US but accelerating fast.
If such pace of growth remains and wage growth recovers faster we would be able to see the arrival of much awaited inflationary pressure.
This data reaffirms our view of strong US dollar globally over the medium to long term.
The following chart is of Job Openings in the US and all data levels in the chart are in thousands. Shaded area is the recessionary period.
