Will US inflation continue to slow?
Will US inflation continue to slow? US inflation has slowed consistently over the past year, although declines have moderated in recent months as price pressures in sectors like shelter — which includes rents — have remained high. On Wednesday, the Bureau of Labor Statistics will release its latest consumer price index report, which is forecast […]
Book Review: “The Great Displacement” Is a Must-Read
Yves here. The Department of Defense started warning in the early 2000s that global warming would generate destabilizing mass migrations. But Americans like to this this sort of thing happens in poor countries near the equator, or coastal Florida. But a new book by Jake Bittle argues that the Great Displacement is coming here too. […]
Market Talk – April 7, 2023
The NYSE will close on Monday, April 10, in honor of Easter Monday. Market Talk will resume on Tuesday, April 11. We wish all who celebrate a happy Easter holiday. ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 45.68 points or 0.17% to 27,518.31 Shanghai increased 15.02 points […]
Jobs report March 2023:
Nonfarm payrolls growth in March was about in line with expectations, but showed signs that the jobs picture is in the early stages of a slowdown. The Labor Department reported Friday that payrolls grew by 236,000 for the month, compared to the Dow Jones estimate for 238,000 and below the upwardly revised 326,000 in February. […]
