Productivity Trend Might Bail Out Economy
Millions remain out of work. Their jobs are gone forever. Yet, the economy is in recovery even without those jobs. The reason? Streamlined productivity.
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Author: Michael Carr
Higher Wages Won’t Fix Job Openings Glut
Last week’s unemployment report led to arguments over labor force shortages. Despite arguments, higher wages won’t fix the job openings glut.
Seasonals Say Stock Up on This Gold Miner ETF
Seasonals are an indicator that few traders follow, relying solely on the calendar to provide signals. And, right now, they’re saying: Pay attention to gold mining.
As Euro Inflation Surges, ECB Hopes for High Unemployment
Investors and savers in Europe have suffered even more than their counterparts in the U.S. Now, European officials are hopeful that high unemployment can hold down inflation.
The Fed Is Like an Irrational Used Car Dealer
To keep interest rates down the Treasury is issuing more and more short-term debt, supported by the Fed. The two are acting like bad used car dealers.