$741,198 spent for every 1 job added.
Assuming those jobs paid the average hourly wage of $25.69 and each worker worked the average 34.5 hours per week, the average annual income would by $46,088.
Not counting interest payments on the debt used to generate
2nd Quarter GDP growth again fell below expectations. While many market participants view this as good news as it may keep the Fed from raising rates in the near future, sooner or later the lack of growth should hurt stock prices.
The Fed assumes the economy will return to
One thing we learned in 1999 and 2000 was that no matter how many signs are pointing towards recession, the true pain will not start until the market participants realize all is not well. That can go on for months. It usually takes a major news event or a series
We are seeing a surge in delinquent loans at commercial banks. As this chart shows, that typically means we would see a spike in high yield bond spreads (meaning high yield prices would drop.)
The fact that this has yet to happen should not be reason
Stock markets are usually described as being a “bull” or a “bear”, but a different animal could be used to describe the current market.
I’m not sure when the terms “bull” or “bear” market were first used, but they are
