August CPI Inflation was just 1.4% . Rates should be 3%, not 5%. By not reducing rates a year ago the Fed has shut down bank lending and damaged small businesses.
100% correct..............i guess we can give them credit and maybe understanding for being too cautious in the current political environment. but even then.........
This may be elementary to your standards, but I appreciate you pointing out the ADP reports as measure for true employment. I haven't directly seen these reports but can imagine them to share a wealth of information into the job market (including wages, employment *and* underemployment). I have long been weary of reports that come out of any major institution (governments and public companies) directly as they have a vested interest in reporting the best possible view no matter the real circumstances. Having access to the real data, we can digest and make conclusions on our own.
Ashley, thank you for reading and for your comment. I feel the same way that we need to be open to information from many sources, not just official reports. Have subscribed to your work as well. John
A really captivating read, John. Thank you - The GreySpark Team.
I couldn’t imagine a better reward than hearing that I have been a help to you and your team. John
Much appreciated
100% correct..............i guess we can give them credit and maybe understanding for being too cautious in the current political environment. but even then.........
This may be elementary to your standards, but I appreciate you pointing out the ADP reports as measure for true employment. I haven't directly seen these reports but can imagine them to share a wealth of information into the job market (including wages, employment *and* underemployment). I have long been weary of reports that come out of any major institution (governments and public companies) directly as they have a vested interest in reporting the best possible view no matter the real circumstances. Having access to the real data, we can digest and make conclusions on our own.
Solid article. Thanks for sharing.
Ashley, thank you for reading and for your comment. I feel the same way that we need to be open to information from many sources, not just official reports. Have subscribed to your work as well. John
they always wait to see the whites of their eyes before pulling this trigger