Employment growth remains positive in first 8 months of 10Y3M inversions; next 8 months should be concerned.

Sometimes – you don't have to be great – you just gotta be average… pic.twitter.com/H2vpjXzWZJ — Don Johnson (@DonMiami3) August 15, 2023 Biden called and he wants his 1980 Senate seat back pic.twitter.com/cbPod1B6ip — Don Johnson (@DonMiami3) August 15, 2023 Nice chart Eric👍 Also, employment growth is always positive in the first 8 months of …

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Core Inflation Cools To 4.8% In June >2x Target, REAL Wage Growth Finally Goes Positive (1.2% YoY) While RENT Inflation Still Roaring At 8% YoY (Taylor Rule Now Implies A Fed Target Rate Of 10.42%)

by confoundedinterest17 As M2 Money growth has stalled, we are seeing inflation cool a bit. Core inflation YoY is now down to 4.8% (still >2x Fed target). The good news? REAL average hourly earnings YoY is finally positive for the second time under Bidenomics. It is now 1.2% YoY. Too bad rent CPI, typically the …

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