The government gave too much money away. Until that runs out.....
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- Thread starter Bird4um
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The government gave too much money away. Until that runs out.....
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mr.h
I hate F$U and ND
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Education and health services have the highest openings of any industry.
Some GOP States Push Back Against ESG Investing Trend
Republicans are stepping up their efforts to prevent investors from considering environmental, social and governance factors in their decisions.
www.wsj.com
mr.h
I hate F$U and ND
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Strong manufacturing
13:45USDS&P Global Manufacturing PMI(Aug) 51.50.1451.351.314:00USDConstruction Spending (MoM)(Jul) -0.4% -0.98-0.1% -0.5% 14:00USDISM Manufacturing Employment Index(Aug) 54.21.724949.914:00USDISM Manufacturing New Orders Index(Aug) 51.31.0748.54814:00USDISM Manufacturing PMI(Aug) 52.80.505252.814:00USDISM Manufacturing Prices Paid(Aug) 52.5-0.4255.560
Any numbers over 50 indicates growth.
13:45USDS&P Global Manufacturing PMI(Aug) 51.50.1451.351.314:00USDConstruction Spending (MoM)(Jul) -0.4% -0.98-0.1% -0.5% 14:00USDISM Manufacturing Employment Index(Aug) 54.21.724949.914:00USDISM Manufacturing New Orders Index(Aug) 51.31.0748.54814:00USDISM Manufacturing PMI(Aug) 52.80.505252.814:00USDISM Manufacturing Prices Paid(Aug) 52.5-0.4255.560
Any numbers over 50 indicates growth.
The problem is, good news is now bad news, because of inflation. The 2 Yr is now at 3.52%.
I could have put this in a number of threads, but I chose this one because Europe in a recession and China getting there is awful for global growth and obviously the stock market.
www.wsj.com
China’s Economic Woes Drag On With Factory Disruptions, Property Slump
Extreme weather and power shortages depressed manufacturing, while home sales fell for the 14th consecutive month.
www.wsj.com
mr.h
I hate F$U and ND
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Good news is bad news and bad news is bad news..let’s hope we start to see inflation going down and we have rate hikes that are lower.
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Health pays. Ed doesn't
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In both cases, the actual hospital and school environments are stingy, but all the satellite companies supporting are making pretty good money.
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Closer to "goldilocks" than most recent data, especially the participation rate. My sense though, is that its still inflationary.
mr.h
I hate F$U and ND
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Yes, and we might see seasonal hiring for the holiday. Hopefully higher supplies lead to lower prices on the retail end.
Hoping..lol
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The real scary part of this article is the mention of stagflation.
www.wsj.com
The Stock Market’s Real Inflation Fighters Might Surprise You
The conventional wisdom says now’s the time to invest in companies that have pricing power. But the last time the U.S. hit a prolonged period of stagflation, those stocks weren’t the real stars.
www.wsj.com
For one month, the market forgot that "you dont fight the Fed".
FWIW, ML put out a research piece on Friday that 6 of their 10 key indicators showed that we had NOT yet established a bottom.
Bitcoin Prices Are Falling. Why Analysts Say a ‘Massive Capitulation’ Is Coming.
Bitcoin and other cryptocurrencies were under pressure on Monday. While stock and bond markets were closed for the Labor Day holiday in the U.S., the 24/7 nature of crypto means no respite from volatility.
www.barrons.com
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You own any crypto??
Bitcoin Prices Are Falling. Why Analysts Say a ‘Massive Capitulation’ Is Coming.
Bitcoin and other cryptocurrencies were under pressure on Monday. While stock and bond markets were closed for the Labor Day holiday in the U.S., the 24/7 nature of crypto means no respite from volatility.