The unemployment rate rose for all of the right reasons
Economists agree that the May jobs report was good all around. US companies added 280,000 nonfarm payrolls, which was much higher than the 226,000 expected by economists. But the unemployment rate climbed to 5.5% from 5.4% in April. How is that a ...
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Is the tide turning for Precious Metals? Part II
The labor market continues to worsen in spite of a few “headline news releases” with December U.6 above 11.00% and that which takes into account everything regarding employment put together by John Williams of Shadowstats at 23.00%. January U-6 ...
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The Fed Can Be Patient About Raising Interest Rates
As the Federal Reserve's Open Market Committee prepared to meet last month, no one was wondering what the Fed would do. Everyone knew it would do nothing. There would be no rate hikes, no balance sheet shrinkage, nothing. Instead, financial eyes ...
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