Latest / The Real Investment Show (Full Show)
6-10-24 Rising Unemployment Rate -A Possible Recession Indicator
Employment Report Headlines are stronger than the underlying data shows; economic activity is slowing, but markets remain upbeat. Markets have been quiet; complacency can lead to unexpected things. Markets tested 20-DMA and rallied; will re-test that level today...again. FOMC Meeting this week + CPI Inflation data could trigger a change: Markets' performance has been predicated on Fed rate cuts. How we get the employment numbers: Data vs surveys. The gap between households and BLS is growing; something is wrong with the adjustments. Why $20/hr minimum wage isn't working. Look at wages vs…
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