Despite 213K Jobs Gain, Unemployment Up by 499K: Wage Growth Anemic Again
The labor force expanded by 601K sending the unemployment rate up to 4.0% from 3.8%. Wage Growth missed expectations.
Hard hitting global and local news
The labor force expanded by 601K sending the unemployment rate up to 4.0% from 3.8%. Wage Growth missed expectations.
Alpine Macro put together an interesting set of charts with commentary. Let’s take a look.
Take a gander at the Model 3 shopping experience. If you still like Tesla, as a company, you are delusional.
The Renminbi had its worst month ever in June. Meanwhile, wage pressures mount in Japan.
On July 2, the GDPNow model for 2nd-quarter GDP jumped to 4.1% from 3.8%. An email exchange with Pat Higgins…
Fed Minutes Show Concern Over Trump’s Tariffs in Otherwise Bullish Assessment.
Trump believes all he has to do to make things happen is to issue an ultimatum. One Tweet will explain.
China accounts for 50% of Micron’s revenue. China put an end to that today.
Happy Independence Day. Here is a collection of Tweets that caught my eye.
Details on Merkel’s agreement with Seehofer are shocking. 160 CDU/CSU MPs told Merkel to deal with Seehofer or resign.