Links 7/5/2021 | naked capitalism nakedcapitalism.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nakedcapitalism.com Daily Mail and Mail on Sunday newspapers.
BHPian AtheK recently shared this with other enthusiasts. So many of our dreams at first seem impossible, then they seem improbable, and then, when we summon the will, they soon become inevitable. - Christopher Reeve
Let me begin by quoting something I posted in my Drakula - Apache RR310 Thread
There is something about motorbikes, which makes me go weak on my knees. I had always loved them from a young age, and always wanted to own one looker of a bike. You place a Ducati Panigale and a Lamborghini side by side, I know where my feet will take me, I don t even have to try.
The Big Miss
Macro Tides Weekly Technical Review 10 May 2021
From Jay Powell s perspective it didn t matter if 1,000,000 jobs were created in April or the 266,000 that were added according to the Labor Department. Jay and the FOMC are committed to waiting for the unemployment rate to fall significantly and for core inflation to rise above 2.0%.
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I did an interview with Blake Morrow from FORX Analytix on Friday and discussed the employment report and the Fed s potential reaction:
For decades the FOMC was guided by the Phillips Curve, which showed that inflation perked up once unemployment fell to a low level. This framework led the FOMC to begin increasing the federal funds rate whenever unemployment fell below what their Phillips Curve model indicated was the lower bound threshold in anticipation of rising inflation.
The Decline Of The American Jobs Plan; $2 Trillion Needed, Now forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.