EP. 112 - Recent Up Surge in Inflation and Reporting Issues for California’s Employment Indicators
Listen now
Description
California employment reporting adjustments show most of reported employment gains last year had to be adjusted substantially downward. In brief, reported employment increases of close to 300,000 had to be revised downward to only 50,000 actual. Across the U.S. food prices and oil prices again moving higher as keeping overall inflation expectations at a higher rather than lower range. Meanwhile, the leaders of the stock market rally are experiencing serious issues in term of their cash flows and valuation. Expectations for no Fed easing of interest rates gaining traction.
More Episodes
BRIC’s Ministers Meeting and moves to increase their control of vital minerals while moving away from the dollar, inflation remains a major problem for U.S. consumers, new jobs almost all part-time filled by non-U.S. born workers focused on low-paying compensation segments, and another bank...
Published 06/18/24
The Economic Dominoes Are Falling and Falling Fast! Don’t Get Caught Up in the Stock Market Euphoria. The national commercial real estate crisis is looking more and more like a developing depression with all major markets pretty much in freefall. Look out below if you own bank stocks, REIT’s,...
Published 05/29/24