A Deep Dive: Does Government Job Data Reflect Reality?

Published on July 3, 2026

One should always take government data with a grain of salt. But if we aren’t going to reject it outright (if we do, we have nothing at all to go on), we should at least analyze it with a microscope. The headlines touted by your mainstream pundits almost always miss the real story.

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Investing Outlook: Strength, Surprises and the Road Ahead

July 3, 2026
Today’s market backdrop reflects a tension between expectations and reality. Despite higher oil prices and plenty of geopolitical noise, the US economy remains resilient and durable, supported by steady consumer spending, a labor market finding its footing, ongoing fiscal support and a surge in AI and infrastructure investment.

JPMorgan AI Chief, Longtime Trader Exits After Four Decades

July 3, 2026
One of JPMorgan Chase & Co.’s most senior executives is leaving the bank after a four-decade career, in which she most recently led its artificial intelligence drive from a coveted spot on its top operating committee.