No matter what the media editors want to sell? The November numnber IS 20,000 LESS than October..... In addtion? Check the front pages of the newspapers and on line..... Everyweek we have a tech or other big compnay laying off THOSANDS of employyee's..... Maybe I'm … [Read more...] about U.S. adds 263,000 jobs in November….
Federal Reserve/The Fed
The Fed’s effort to tamp down Inflation is NOT working…But it is screwing the world’s economies…
Inflation keeps rising because consumer prices KEEP rising.... Business's haven't stopped charging people MORE.... The Fed's interst raises are just beating up home sales... And? Causing other countries economic problems also.... The pandemic and other factors are … [Read more...] about The Fed’s effort to tamp down Inflation is NOT working…But it is screwing the world’s economies…
The Ferd raises interest rates by .75 points…..
The Federal Resreve is trying to drive down inflation.... They ain't doing a good job.... The prblem IS consumer prices.... Not home mortgages or car loans..... Or even gas prices.... And? A Recession IS also brewing on top of this..... The Federal Reserve … [Read more...] about The Ferd raises interest rates by .75 points…..
Oil prices continue to drop…Consumer prices continue to rise….
The talking heads on CNBC this morning (3/29/22) where talking about how against the drop in oil/gas prices businesses where adopted price INCREASES of up to 25%!..... With the Fed raising interest rates against inflation is a recession on the horizon? The price of oil … [Read more...] about Oil prices continue to drop…Consumer prices continue to rise….
Biden Admin slow to none on increased Banking oversight….
Politico does a piece on how President Biden has failed to move on having the Government increase bank regulation.... And? He is up against a Republican US Senate wall that has the assistance of Democratic Senator Manchin.... They won't approve key Biden job picks … [Read more...] about Biden Admin slow to none on increased Banking oversight….
The Federal Reserve raises interest rate by 0.25 in defiance of Trump…
Every time Trump dares the Fed? It's gonna do the opposite.... The Federal Reserve on Wednesday raised interest rates for the fourth time this year despite protests from President Trump. The Fed’s policy-making arm, the Federal Open Market Committee (FOMC), voted … [Read more...] about The Federal Reserve raises interest rate by 0.25 in defiance of Trump…