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Market Watch 666 For 06June 2021

Written by rjs, MarketWatch 666May s employment report; April’s construction spending, factory inventories, et al The most significant economic report released this past week was the Employment Situation Summary for May from the Bureau of Labor Statistics; other major monthly government agency issued reports released during the week included the April report on Construction Spending (pdf) and the Full Report on Manufacturers Shipments, Inventories and Orders for April, both from the Census Bureau.

Business investment spikes in March quarter

Οι επιπτώσεις στην απασχόληση από την πρόσθετη ευελιξία στoν χρόνο εργασίας

Οι επιπτώσεις στην απασχόληση από την πρόσθετη ευελιξία στoν χρόνο εργασίας
sofokleousin.gr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sofokleousin.gr Daily Mail and Mail on Sunday newspapers.

Benchmarks slip into the red; breadth negative

The key equity barometers reversed gains and slipped into the negative terrain in morning trade. The Nifty, however, managed to hold above the 15,550 mark. Metal shares corrected after a three-day wining streak. At 10:22 IST, the barometer index, the S&P BSE Sensex, was down 93.56 points or 0.18% to 51,843.88. The Nifty 50 index lost 26.20 points or 0.17% to 15,556.60. In broader market, the S&P BSE Mid-Cap index shed 0.33% while the S&P BSE Small-Cap index declined 0.35%. The market breadth was negative. On the BSE, 1265 shares rose and 1484 shares fell. A total of 114 shares were unchanged. COVID-19 Update: Total COVID-19 confirmed cases worldwide stood at 170,593,575 with 3,547,205 global deaths.

Inflation and the Fed: How Congress Should Approach Monetary Policy

The recent rise in the consumer price index (CPI) has stoked fears of 1970s-style high inflation and even stagflation, an economy that exhibits both high unemployment and inflation. While it would be irresponsible for policymakers to dismiss the possibility of either occurrence, it would be just as imprudent to overreact to the recent increase in the CPI. Rather than panic, public officials should focus on long-term reforms that will help avoid this type of economic anxiety in the future.

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