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The Fundamental Analyst
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The Fundamental Analyst has spent time in the trenches as an equities research analyst for a mid-sized broking firm in Sydney, Australia. However, the stifling nature of the broking business didn’t take and he now prefers the autonomy of the blogosphere where he has free reign to lash out in all... More
  • Best ADP Employment Report for 3 Years 0 comments
    Dec 1, 2010 9:37 AM
     

    The ADP employment report for November showed a net increase of 93,000 jobs, the biggest increase for 3 years. In addition, numbers for October were revised from an increase of 43k to an increase of 82k.

    Just like the most hated bull market of the last 18 months, the current economic recovery is one of the most doubted and hated in recent memory. Sure, a big part of the economic recovery has a lot to do with government intervention and regulatory forbearance on banks, however regardless of how you want to characterize the US economic recovery, it is getting harder and harder to deny.



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