The most important economic news each month, by far, is the early-month count of jobs created or lost in the prior month. All markets were poised for better figures in this morning's report for June, but the actual was jaw-dropping: only 18,000 jobs gained, April-May revised down 44,000, and hourly earnings fell 0.1 percent. The one surprising reaction: the Dow is off only 110 points. Stunned, drunk, or both. Enough of that. Find some entertainment in deals cooking all over the place. My take: We're going to get a National Football League labor deal, maybe this weekend, which is a great thing for those of us stuck in a market with a losing Major League Baseball team. Even if the area's NFL team is just as bad, at least we won't have to face it until September. It's sort of like...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.