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The Fed wants less jobs?
July 8, 2022 | This morning, the much anticipated June jobs report from the Department of Labor showed that efforts to tame inflation with higher interest rates have not affected employment — yet.
King Dollar
July 7, 2022 | The world is deeply reliant on the U.S. dollar as a means for settling global trade and raising capital. While under the Bretton Woods System, which lasted from 1944–1971 and cemented the dollar’s role in global financing, many national currencies were pegged explicitly to the dollar...
Things are weird right now
July 6, 2022 | We will find out soon whether we are indeed in a recession. So long as the labor market remains strong and mass layoffs can be avoided, it’s unlikely that the recession will be severe, and for many, life will continue unchanged whether we are in a recession or not.
