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01.09.26 - 07:36
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Goldman Sachs′ Sneader on Business Strategy (Bloomberg)
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Kevin Sneader, APAC ex-Japan President at Goldman Sachs, speaks to David Ingles about the bank's business in the region from the sidelines of the "Goldman Sachs Asia Leaders Conference." (Source: Bloomberg)...
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01.09.26 - 07:36
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Goldman′s Kaplan: Would Lean Toward Raising Rates (Bloomberg)
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Robert Kaplan, Vice Chairman at Goldman Sachs, says he would be raising interest rates in September assuming there aren't any surprises, though he would strive to keep an open mind. He speaks with David Ingles on the sidelines of the Goldman Sachs Asia Leaders Conference. (Source: Bloomberg)...
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28.08.26 - 15:42
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"No Longer Negative": BLS Annual Benchmark Revision Will Revise Payrolls Higher For First Time Since 2022 (ZeroHedge)
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"No Longer Negative": BLS Annual Benchmark Revision Will Revise Payrolls Higher For First Time Since 2022
On Friday at 10am ET (at the same time as Chairman Warsh's Jackson Hole remarks), the Bureau of Labor Statistics (BLS) will publish its preliminary estimate of the benchmark revision to the level of nonfarm payrolls for March 2026. The final benchmark revision will be issued and incorporated into nonfarm payrolls alongside the January 2027 employment report in February 2027.
The key source data for the benchmark revision comes from the Quarterly Census of Employment and Wages (QCEW), which is derived from state unemployment insurance records, and which is much more accurate than the BLS's own internal surveys. The March 2026 QCEW data will be released at the same time as the preliminary benchmark estimate, introducing uncertainty around the ultimate size of the revision. However, as Goldman writes in its revision preview note (available to pro subs), based on the nine months of...
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