The mass layoffs and shutdown's keep coming...... Good Economy???? Later today ole Jerome and Fed should hike interest rates again I'd assume? Consumer prices gonna keep rising.... Jenny Craig will close its doors after four decades in the weight loss and nutrition … [Read more...] about Jenny Craig will go out of business….Other New Layoffs list…..
Fed Interest rate increases
Walkig thru the minefield of US banking this week…
President Joe Biden took no question after his short comments today... He's NOT a happy camper..... Right now? He's sitting on his hands waiting to see what is going to happen with the American banking system.... Two banks went under in the last few days.... Biden … [Read more...] about Walkig thru the minefield of US banking this week…
Will the Fed Stop raising interest rates?
No more interest rate hikes? (For Now at least) All the 'market' people are REALLY talking about right now is interest rates #1 The Banks #2 They want ole' Jerome & Co. over at the Fed to STOP raisng the interest rates...... The market people (and consumers) … [Read more...] about Will the Fed Stop raising interest rates?
Biden tries to get around Govt. Money backing the Banks….
Just hearing the President of the United States SAY the banks are safe is NOT gonna work I believe.... But? Biden did say 'He will do 'Whatever has to be done'..... But this morning ANOTHER bank (First Republican) went in the tank today..... ALL the bank … [Read more...] about Biden tries to get around Govt. Money backing the Banks….
Labor Dept. says 311,000 jobs added in February ….
CAUTION..... This figure WILL BE adjusted next month as is the norm.... (The adjusted numbers tend to go downward) The jobless rate? Went UP..... Wages DECREASED...... The report notes that there have been ten's opf thosands of job layoff's.... As … [Read more...] about Labor Dept. says 311,000 jobs added in February ….
January 2023 Jobs Report…Good News?
It depends...... This dog has been very pesimistic about the media rah, rahing about a 'Good Economy'.... Consumer prices are STILL high.... There are daily reports of thosands of lay-offs..... Gas prices are climbing..... And the Fed is still raisng interst … [Read more...] about January 2023 Jobs Report…Good News?