Labor Shortages: Airlines Dire Straits
The music group Dire Straits has a song entitled, “Money For Nothing” and that appears to be what the airlines conjured up for last year and will repeat again this…
The music group Dire Straits has a song entitled, “Money For Nothing” and that appears to be what the airlines conjured up for last year and will repeat again this…
The BLS released their JOLTS report today and it doesn’t show what the Federal Reserve expected it to show – a decline in job openings. The number of job openings…
The Richmond Fed has a good article on the current labor shortages and what it means for the future. We personally have already experienced what the article states, let’s take…
It is beyond us why so many people kept thinking the Fed would pivot or pause raising interest rates when inflation is still raging. If anything, the irony is that…
The Fed raised rates for the fifth time this year and today was a 75 basis point hike bringing the rate up to 3 to 3.25 range. The Fed plans…
The New York Fed has a report with various graphs showing the rise in delinquencies for credit card and auto debt. Let’s take a look. Total household debt increased by…
We like to take a look at data in different ways often magnifying or shrinking data points to try to get a better understanding of what data is trying to…
While inflation in the United States seems to have moderated a bit, that doesn’t appear to be the case with the top 10 trading partners of the United States. United…
We recently read this Reuters article in which Treasury Secretary Yellen stated that inflation would remain high. U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation…
With no real surprise to anyone, the Federal Reserve raised rates today by 1/4 point. The stock market didn’t have any big reaction to the increase but with inflation at…