President Biden went before the media to talk about the increase hiring........ Ok.... BUT? Consumer prices are still high..... Gas prices are still high..... Interest rates are higher that a few years ago..... And most of us do NOT feel the the economy is … [Read more...] about April 2023 Jobs Report…..Biden like’s it……
US Economy
W.H.O…World Wide Covid Emergency Over….CDC to stop tracking Covid testing results….
The 'Experts' are saying the Covid Pandemic 'emergency' is over.... There ARE still some cases...... Some people are still wearing masks.... But on the whole? Yes.... Something we thought would never come soon enough IS here..... Amen.... The World Health … [Read more...] about W.H.O…World Wide Covid Emergency Over….CDC to stop tracking Covid testing results….
The Fed kicks up interest rate .25% and says THAT maybe that’s it?……
The Federal Reserve approved its 10th interest rate increase in just a little over a year and dropped a tentative hint that the current tightening cycle is at an end. The widely expected decision, which takes the fed funds rate to a target range of 5%-5.25%, was … [Read more...] about The Fed kicks up interest rate .25% and says THAT maybe that’s it?……
Jenny Craig will go out of business….Other New Layoffs list…..
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…..
Less Costing MORE Inflation…Open Thread for May 3, 2023
I'm a old timer..... I use checks.... Last time I ordered them i got 4 bundles of checks..... This time.... I get TWO bundles and guess what? It costs the SAME as FOUR bundles!.... The Fed is NEVER gonna be able to knuckle down consumer price … [Read more...] about Less Costing MORE Inflation…Open Thread for May 3, 2023
President Biden wants to keep pumping money into the economy……
Biden HAS to be driving Fed Chair Powell crazy....... And the Republicans are gonna try to derail this..... Biden Works to Spend Trillions “President Biden is reorienting swaths of the federal government to focus on implementing the sweeping legislation he signed … [Read more...] about President Biden wants to keep pumping money into the economy……
Stop worrying about the Debit Ceiling noise….
In the end? The Debt Ceiling/Budget WILL get done.... It always does.... This is about paying stuff Congress PASTED and APPROVED.... This is like a winter storm reporting by the media.... The deal will be done in the last minute or even after the last … [Read more...] about Stop worrying about the Debit Ceiling noise….
Yea…A Recession…..
The Stock market is DOWN right now..... Layoffs..... Debit Ceiling noise..... Consumer prices ain't dropping.... The stock market is dropping today, and something is clearly bothering it. That something is a recession. Looking at the indexes, you know it’s a bad … [Read more...] about Yea…A Recession…..