Independent thinking for complex markets and current events
Despite a seemingly positive uptick in retail sales, recent data unveils a troubling reality: inflation’s pervasive impact on essential goods like food and energy. While headline figures may suggest economic resilience, deeper analysis reveals concerning trends, with nondiscretionary goods experiencing significant month-over-month price increases. The disparity between sectors, with gas stations and groceries recording notable …
Americas’ Unemployment Problem In 2023, the United States reported an unemployment rate of 3.4%, marking the lowest figure in 54 years with nearly 11.2 million unemployed Americans. Despite this historic low, the narrative surrounding America’s Unemployment Problem reveals a complex and multifaceted issue. The early months of 2024 have shown a robust labor market, yet …
via naturalnews: President Joe Biden’s administration is firm in declaring that the year 2024 is the time for Americans to start breathing easy again when it comes to inflation that haunted households for a few years. After more than 20 months of skyrocketing prices and higher borrowing costs, investors, economists and Federal Reserve officials claim …
Investigative journalist Michael Shellenberger has exposed Renée DiResta, research director for the Stanford Internet Observatory (SIO), as one of the key architects behind the censorship industrial complex DiResta is connected to the CIA, and a member of the Council on Foreign Relations (CFR), which seeks to implement a One World Government Before DiResta became research …
Wage growth is dropping fast. Down to 3.9% YoY for American Workers. 📉 That is now the lowest rate of wage growth since the pandemic started. And also below the 60-year average. Bad news for US Economy & Housing Market. ❌ pic.twitter.com/YgomPshuyf — Nick Gerli (@nickgerli1) October 6, 2023 Americans are struggling to make ends …
US consumer confidence is soaring to a two-year high as a robust job market and easing inflation foster renewed optimism. pic.twitter.com/hbr0xT2Agm — Quiver Quantitative (@QuiverQuant) July 25, 2023 https://finance.yahoo.com/news/consumer-confidence-hits-highest-level-in-two-years-155813210.html We shall see how confident many consumers are when student loan payments resume. My bet is that stores valuing low prices will be able to ride …