Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
This is the strangest recession we ever had, with employment low and wages rising
Our economic woes are energy based, driving inflation higher nor is there a quick or certain solution. Labor numbers are a misleading indicator as it it ignores the core problem.This is the strangest recession we ever had, with employment low and wages rising
It's somewhat good news for now, but future indicators are not positive. The problem is, the last time we saw some of these mixed signals we were heading into the Carter doldrums. Stagflation is a real concern.Economic news is always going be mixed. Big challenges remain front and center. But this is good news, especially when so many are hoping for disaster.
$11 trillion in stimulus spending coupled with collapsed supply chains have put us here.
Rest of the World is bracing or is in a economic slow down and the U.S. is lagging behind.Can someone explain to a Dummy, me, why the dollar is so strong?
Is the USA in so much better shape, with a better future prediction, than other countries?
How does that work?
I believe what we will see is far worse than what Carter had and this could rival the 1930’s…It's somewhat good news for now, but future indicators are not positive. The problem is, the last time we saw some of these mixed signals we were heading into the Carter doldrums. Stagflation is a real concern.
Hmmmm. Have mommy read this one to you to get an accurate reflection of what is happening.Immediately following the release of the September jobs report, the U.S. dollar, as measured by the DXY index, spiked higher, bolstered by a solid jump in U.S. Treasury yields. Meanwhile, S&P 500 and Nasdaq 100 futures plunged into negative territory, falling more than 1.5% at the time of writing.
- The September jobs report showed that the U.S. economy added 263,000 workers last month versus expectations of a gain of 250,000 payrolls. Meanwhile, the unemployment rate fell to 3.5%, two-tenths of a percent below forecasts
- Average hourly earnings rose 0.3% on a monthly basis and 5.0% compared to a year ago, matching estimates
- The resilient labor market is likely to keep the Fed on a hawkish path
Thanks President Biden
It is clear why you call yourself "skew". Our economy is in the crapper thanks to the Democrats and the Fed.Immediately following the release of the September jobs report, the U.S. dollar, as measured by the DXY index, spiked higher, bolstered by a solid jump in U.S. Treasury yields. Meanwhile, S&P 500 and Nasdaq 100 futures plunged into negative territory, falling more than 1.5% at the time of writing.
- The September jobs report showed that the U.S. economy added 263,000 workers last month versus expectations of a gain of 250,000 payrolls. Meanwhile, the unemployment rate fell to 3.5%, two-tenths of a percent below forecasts
- Average hourly earnings rose 0.3% on a monthly basis and 5.0% compared to a year ago, matching estimates
- The resilient labor market is likely to keep the Fed on a hawkish path
Thanks President Biden
Immediately following the release of the September jobs report, the U.S. dollar, as measured by the DXY index, spiked higher, bolstered by a solid jump in U.S. Treasury yields. Meanwhile, S&P 500 and Nasdaq 100 futures plunged into negative territory, falling more than 1.5% at the time of writing.
- The September jobs report showed that the U.S. economy added 263,000 workers last month versus expectations of a gain of 250,000 payrolls. Meanwhile, the unemployment rate fell to 3.5%, two-tenths of a percent below forecasts
- Average hourly earnings rose 0.3% on a monthly basis and 5.0% compared to a year ago, matching estimates
- The resilient labor market is likely to keep the Fed on a hawkish path
Thanks President Biden
