Core Personal Consumption Expenditures UP 4.7 Percent
The Fed’s preferred measure of inflation is up for April at 0.4 percent (annualized at 4.7%) despite 500% increase in the Fed funds rate so it would seem more rate…
Fed, JOLTS & Stock Charts
It’s been an extreme week of near bank failures, JOLTS reports and our updated stock collapse chart comparisons so let’ get started. The Fed raised interest rates by a quarter…
Labor Shortages: Maryland
The State of Maryland has a motto of “Strong deeds, Gentle Words” but perhaps it should just be “We Don’t Have Nurses.” From CBSNews: University of Maryland Medical System, at…
Labor Shortages: Kentucky
A safe bank these days is as rare as a Kentucky carpenter but we’re not talking banks today, we’re talking labor shortages. From WSPDlocal6.com: The number of skilled trade jobs…
Big Real Estate Crash in 2023?
There is a slew of economic news and data out this week that is begging the question if real estate is going to crash big in 2023. For starters, the…
The Boomer Crisis Is Finally Being Recognized
The New York Times had an excellent article entitled, “Retirees Are One Reason The Fed Has Given Up On The Worker Rebound” which outlines the fact that many people close…
20 Million Utility Shut Offs?
We came across an interesting article on yahoo finance that expects 20 million customers to potentially be cut off from their utilities. According to the National Energy Assistance Directors Association…
Will Trickle of Layoffs Turn Into A Flood?
Day by day more companies announce layoffs so will the trickle turn into a flood. The most recent one is Twilio laying off 11% of their workforce. There is a…
Teacher Labor Shortage: Texas Poaching Arizona Teachers
On the heels of our recent post about labor shortages Desperate Times, Desperate Poaching and Labor Shortages: Semiconductor Engineers & Teachers, we have this news article demonstrating the growing “war”…
Labor Shortages: The War For Labor Has Begun
We’ve been writing about the demographic “boomer” crisis the United States is currently entering and how by 2030, it will be a full blown economic/demographic crisis. In a post entitled,…