Inflation Will Spike Again
While the world is cheering lower inflation and some central banks around the world have been cutting rates with the United States potentially poised to cut rates in September, we…
Stock Market Crash Charts – Revisited
We’ve been looking at economic data and it’s bad. It’s part of the reason we had not made any recent posts. We did not want to share dire economic news…
Skilled Labor Shortages = Chaos
Earlier this week, we wrote a post about the current 72.376 million people on social security. Today, Crowdstrike uploaded a patch that crippled computers world wide. No doubt there will…
June 2024 – Social Security Enrollments
The social security office released the June 2024 snapshot and it’s another jump in enrollments. For June 2024, there were 135,000 net new social security enrollees over the age of…
BLS: PPI June 2024
The BLS released the PPI report this morning and it’s not good. PRODUCER PRICE INDEXES - JUNE 2024The Producer Price Index for final demand advanced 0.2 percent in June, seasonally…
BLS: CPI June 2024
The BLS released the CPI report for June this morning. From the BLS: CONSUMER PRICE INDEX - JUNE 2024The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent…
BEA: CPE May 2024
The BEA released the Fed’s preferred inflation measure today CPE and it shows no improvement month over month. From the BEA: Personal income income increased $114.1 billion (0.5 percent at…
May 2024 – Social Security Enrollments
The social security office released the May 2024 snapshot and it’s another jump in enrollments. For May 2024, there were 157,000 net new social security enrollees over the age of…
BLS: CPI May 2024
The BLS released the CPI report for May 2024 and it’s barely budged. From the BLS: CONSUMER PRICE INDEX - MAY 2024The Consumer Price Index for All Urban Consumers (CPI-U)…
Jobs Expansion May 2024
The BLS released the much awaited jobs report and it’s a boom report. From the BLS: Total nonfarm payroll employment increased by 272,000 in May, and the unemployment rate changed…