Powell claimed this discrepancy between job vacancies and unemployment is due to high wages, which discourage workers from taking bad, low-paying jobs with few benefits, and therefore give them too much power.
“Wages are running high, the highest they’ve run in quite some time,” the Fed chairman lamented.
Workers need to be disciplined by the labor market, he insisted.
You will own nothing and be happy.......US Federal Reserve says its goal is ‘to get wages down’
https://multipolarista.com/2022/05/24/us-federal-reserve-wages-inflation/
No it's based on the earnings reports available thru most any reputable investment firm.
Quite frankly I see no evidence of where your opinion is more valuable or accurate then what the companies are actually reporting in their earnings reports.
yep, but communist crap doesn´t work either right? ` as seen on TV´ ....it's almost like all capitalist institutions are immoral and unethical by nature
Well to be fair I heard about the earnings reports thru the news but I've seen links to pages from various investment firms pretty much talking about the same thing as what was reported in the news. I never said anything about Goldman Sachs, funny that when I say "reputable investment firms" that's the only think that pops into you tiny little head. Given their role in the market problems of the early 2000's and what they did with the bailout money they fleeced from the government reputable is the last term I would associate with Goldman Sachs. Clearly you have a preconceived idea about anyone that doesn't agree with you and an over inflated opinion of yourself and your...ahem... knowledge. You're never going to get what you want from me so you might as well run along and try to impress someone else with what you think you know.What da fuck is a reputable investment firm... Goldman Sachs?
Goldman Sachs has a high speed computer skimming program that steals a penny or 2 from every trade made, everyday 24/7.
I'd go in to the nuts and bolts of Blackrock and Vangard but it's
obvious you are not ready for that conversation.
That "reputable investment firm" bullshit might fly with some of the lower IQ crowd but it's pretty laughable that you would even type that provable nonsense.
Yeah, I saw a report on this a few weeks ago, basically orders for stock that were placed months ago and got held up by the supply chain issues finally came in and now company's are finding themselves with warehouses and stock rooms full to the brim but due to inflation consumers haven't been buying like normal and so the stock isn't moving like it should. So retailers will be forced to slash prices just to make room for more recent orders sitting somewhere in the supply chain. Then when they finally clear the excess out and are able to order more stock they'll run into delays again because of China's Zero Covid policies and how the way they're handling it has interfered with production. So basically we might see a little bit of relief on prices for a month or two in the near term but then all the impacts of a broken supply chain will repeat themselves causing us to remain in a period of inflation for some time to come. So yeah take advantage of the deals that might come soon, maybe try to do you Christmas shopping in July but be mindful that alot of the stock is older then it might seem so be mindful of that for things with a limited shelf life.It looks like a lot of retailers are sitting with too large of inventories. They will be offering good prices this summer to unload. But when they need to restock look out! Buy now if you know you u will use it.
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
Rolling Blackouts Are Coming to America This Summer and Joe Biden Is Totally Unprepared