Tag Archive for: labor market

Rates Fell – Delivering 6 Very Important Lessons! Which Bubble Will Pop First?

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An alarmingly bad “Challenger Job Cuts” surfaced today, and rates fell as a result. Among other things, we’re seeing a 22-year high in announced job cuts, and hiring plans are down a whopping 35% over last year. While this is bad for the economy and job seekers, it is great for this blog because it reveals 6 important lessons.Read More

Why’s Everyone Hatin’ On Fed Chair Powell?

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The whole world’s praying for lower rates!Read More

Don’t Pay Off Credit Cards, Please! 3 Things The Fed Looks At

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The Fed looks at three things when deciding to cut rates: Inflation. CPI came in cooler than expected today, despite tariffs, so that bodes well for rate cuts. Note: many people on X insist tariffs are deflationary because they destroy/reduce demand. Labor Market. Powell believes the labor market is holding strong but many analysts believe it is getting much weaker, as per this post by Danielle DiMartino Booth How Much They Dislike The President. 😊 This factor does not bode well for rate cuts.Read More

Down Payment Assistance Is Finally “Cool;” Labor Market Cracks Open Further

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Unbelievable: “41% of buyers believe they need to put down 20% to purchase.” That is from a recent Inman article. But First – Good Gravy, The Private Sector’s In A […]Read More

Labor Market Cracks Further; OTHER Reason Rates Shot Up Friday – Japan!

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Danielle DiMartino Booth has been saying that we have been in a recession since November – based on her assessment of the labor market (which is and has been much […]Read More

CRACK!! That Was The Sound of The Labor Market Breaking! This Is A VERY BIG DEAL!

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There is simply no way the Bureau of Labor Statistics can show rosy jobs data forever. Unemployment climbed to 3.9% from 3.8% and the number of job creations came in below expectations. Some media sources and the current administration are trying to spin the sheer number of job creations as a huge positive, but the market knows otherwise and rates fell sharply.Read More

A.I. Will Create Far More Jobs Than It Kills

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I had a friend in high school who worked for Sentry Insurance as a typist for what would be about $40 per hour today – and man was I jealous. The law firms and investment banks I worked at in the 1980s also had “typist pools” for the old guys (we youngsters were utterly perplexed by the inefficiency ofRead More

Dollar Is UP; Home Values UP AGAIN; Ignore Labor Markets

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I wrote a blog last week explaining why the dollar will NOT collapse, despite the claims of Glenn Beck, Tucker Carlson, Peter Schiff, and others, that we face imminent dollar Armageddon. And – sure enough, the dollar has climbed in value since I posted that blog (that, interestingly, has gone somewhat viral). Dollar hawks like Brent Johnson have been making fun of the dollar doomsday crowd all morning on Twitter, amusingly.Read More