Posted on 06/29/2014 2:17:00 PM PDT by expat_panama
Yesterday was the 100th anniversary of the assassination of Archduke Franz Ferdinand in Sarajevo which sparked the war and the NYSE decided to close for the duration (more here). This week we begin the new quarter --and the second half of 2014. We'll see if the GDP for Q2 shows any improvement (1st report coming out in three weeks). Imho we're in an economy where we can still make money but it's just going to take more effort.
Review of last week here, reports/consensus coming out this week here.
This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow morning we'll go on with our-- Open invitation continues always for idea-input for the thread, this being a joint effort works well. Keywords: financial, WallStreet, stockmarket, economy. |
Happy July 4th!!!!!
Damm those Reagan Recovery years were not bad!!! In one month the economy added 1.115 MILLLION jobs in this country with a population of about 233 million. Now people here brag about a jobs added number of 233k with a population of about 315+K.
Tapering started months ago... But there is no sense of urgency because wage inflation is tame.
Thanks for the tips. I will give them a try.
Neither of those are monetary factors. If wage inflation was related to participation rate it would have been an issue since participation peaked in 1999.
In fact, participation rate was almost as low as it is now back in '80 when inflation was peaking--
--but the two are related in the way that the participation rate was kept low in order to fight inflation. Our happy two-decade plateau ended catastrophically in '09 and has yet to recover even with the latest labor report.
On that subject we were looking at the apparent contradiction between the -2.7% GDP and the falling unemployment rate. My thinking is that the unimproved participation rate puts paid to the jobs rate and we may not want to count on a recovering GDP for a while yet.
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