USD drops as a tepid May Payrolls report eases inflation fears further May payrolls expanded, but not as much as anticipated. Click graphic, get report
Category: Economy
Inflation: Going Stag
Stagflation in the offing, unless it’s not different this time… As corporations continue to raise wages, market participants fear the Fed is wrong about supposedly
Jobs +266K, Yields Pull Back
All in the service to playing a game of ‘Hide the [inflationary] Cheese’… April’s expected hiring boom goes bust as nonfarm payroll gain falls well
A Decidedly Different Look at the ISM Report on Business
ISM’s Report on Business (RoB) blisters upward, but… My former residence within the real economy was right here, in the manufacturing base. I don’t miss
Asia Rising, US the Land of the Setting Sun?
US now finds itself on outside of two massive Asia-Pacific blocs From Nikkei Asia: Five RCEP takeaways: Asia cements grip as free trade torchbearer In
“Our Great USA Wants and Needs Stimulus”
Pardon me sir, but if the USA is so great why on earth does it need artificially concocted greatness in the form of money printing
It’s Not Just the U.S. Pulling Back From the Global Economy
China’s Politburo is not sitting idly by while Trump pushes them around. From the Nikkei Asian Review… Why China’s ‘dual circulation’ plan is bad news
Jobs +1.4 Million
The predictable snap-back in employment continued in August with 1.4 Million jobs brought back on line and unemployment falling to 8.4%. Click below for the
Happy Jobs! Doctor Copper Unproven
Today another jobs report that was already in the bag on the inevitable economic bounce-back from deplorably bad readings has stimulated casino patrons finding it
Surprise!
In Friday’s post about the Stock/Economy Pumper-in-Chief we also noted regarding economic ‘experts’ AKA economists: Of course the ‘experts’ were wrong. They are usually wrong.
Not Only Was He Tweet-Pumping the Stock Market the Other Day…
…but today he’s vigorously pumping the Jobs number. His Twitter is littered with the stuff. What a spam artist. Of course the ‘experts’ were wrong.
Jobs Report and Reaction
Sorry folks, but it’s all in the bag and according to plan. They are inflating and now with the Nasdaq at its previous all-time highs