FACT: Under Biden, inflation has outpaced wages for 25 consecutive months. pic.twitter.com/InhJtCrww6
— RNC Research (@RNCResearch) June 2, 2023
Recession Alert: Record Number Of Americans Worse-Off Financially https://t.co/2mQtXWe4Iv
— zerohedge (@zerohedge) June 2, 2023
https://twitter.com/PeterSchiff/status/1664648156850581505
*WALMART SAYS DRY GROCERY INFLATION IS OVER 20% OVER TWO YEARS
— zerohedge (@zerohedge) June 2, 2023
Why are Labor politicians & its supporters so brain-damaged?
We have negative real wage growth, unaffordable housing, a rental crisis, overloaded infrastructure, the highest capital share of income & real GDP per capita stagnation, yet Labor continues to pour in the immigrants. pic.twitter.com/HYHsOSDZod
— Philip Soos (@PhilipSoos) June 2, 2023
When the Fed lifted rates off 0% in March 2022, Powell warned over and over that there would be pain in financial markets as it was necessary to slay inflation.
This pain has almost completely gone, aminal spirits are returning, and the Fed is poised to stop hiking.
make sense? pic.twitter.com/JinB7zFNdH
— Jim Bianco (@biancoresearch) June 2, 2023
Most of the #insurance companies have immense losses on their portfolios of older bonds coming soon w Fed rate hikes. Many of them have not marked to market losses. Insurance companies will raise premiums to cover the losses on bonds to avoid raising equity
— Jason Burack (@JasonEBurack) June 2, 2023
AI is taking our jobs.
3,900 people laid off in May lost their jobs because of AI.
First time AI has been listed as a reason in the monthly report.
Uh-oh. pic.twitter.com/HSgB1Jvcqh
— Genevieve Roch-Decter, CFA (@GRDecter) June 2, 2023
Job Quits, a Key Indicator of Labor Market Health, Reveal Signs of Weakness
Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs.
