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Joseph Trevisani

Recent Posts

U.S. Manufacturing Jobs and Participation Rate Soar, Wages Cool

Posted by Joseph Trevisani on Mar 9, 2018 1:31:41 PM

American firms created the most new jobs in nineteen months as workers returned to the labor force in the greatest number in more than seven years while wage increases cooled from last month's post-recession high.

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Private Payrolls Go from Strength to Strength

Posted by Joseph Trevisani on Mar 7, 2018 12:58:23 PM

American firms added many more employees in February than anticipated indicating the strong labor market performance continues to underpin the economy.

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Italian Election Garners Little Market Reaction

Posted by Joseph Trevisani on Mar 5, 2018 12:58:57 PM

The inconclusive result of Sunday's Italian general election was not a surprise even if the size of the anti-establishment vote was shocking. Half of Italy, on the right as well as the left, voted against the political status quo.

In Italy, as in France, Holland even Germany, opposition to the EU and the euro is rising. It is not yet a critical political mass, though it may be closer in Italy than anywhere else.  The speed of its ascent is remarkable. 

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Italy's and Europe's Confounding Elections

Posted by Joseph Trevisani on Mar 2, 2018 2:32:32 PM

The political consensus that has dominated Europe since the Second World War and driven unification from the six nations of the Coal and Steel Community of 1951 to today's 28 member European Union and 19 country monetary union is fraying after five straight electoral disappointments and is headed for a sixth in Italy, yet markets have not registered more than a tremor.

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U.S. Durable Goods, Business Equipment Orders Drop in January

Posted by Joseph Trevisani on Feb 27, 2018 1:33:46 PM

Durable goods orders fell for the first time in three months and business equipment purchases slipped for the second month in a row as commercial demand retreated from the rapid pace of the last two quarters.

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