For the first time since 1981’s painful double digit inflation and recession, America experiences a stagflationary quarter with inflation above 8.5% and GDP at -1.4%. largely before the March 2022 Fed tightening of interest rates by a quarter point.
Read MoreAt the highest rate in 45 years, Americans are saying no to even being available to work. On a steady decline over 20 years, the labor participation rate has yet to recover to pre-lockdown levels despite a sharp recovery in mid-2020 from near record lows.
Read More98.6% Of American Workers Earn More Than The Federal Minimum Wage, A Highly Positive Fact Often Overlooked By The Consistent Debate On Raising The Minimum Wage To Perhaps As High As $30 An Hour In The Coming Years
Read MoreThe State of California will pay $2.9 billion to eliminate 6% of the state’s rice production and divert water that could serve up to 5 million Californians into the Sacramento San Joaquin Delta for wetlands restoration projects.
Read MoreInverted Yield Curves Are Back In US Govt Debt Markets and are an accurate predictor of future recessions. Here’s how to read the current market condition and some challenges going forward.
Read MoreImport container traffic set records at ports across the United States for the month of February 2022 while the traffic for exports continued its steady decline.
Read MoreFed’s measured tightening gains support in two days of positive movement in the markets. Concern still runs high for how unprecedented tightening campaign will unfold.
Read MoreProducer Price Index rockets to 9.7% January 2022 as measure year over year in an indication that serious inflation is likely a longer term challenge.
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