The service sector, including finance & insurance, in the New York Fed’s district, reports rising prices and wages, despite further deterioration in business. Weirdest economy ever.
Weirdest Economy Ever, as 20 million people still claim unemployment benefits.
OK, it’s getting a little crazy: Massive shifts due to working from anywhere and the Pandemic. But some of those shifts started well before the Pandemic.
The one-way street of Globalization by Corporate America.
Consumers still earned more in November than in the Good Times, but a lot less than back when free Pandemic-money was massively hailing down.
US Federal Maritime Commission investigates container carriers’ “abandonment” of American agricultural industry. Weirdest Economy Ever.
Stimulus Fatigue sets in. Second month of declining retail sales in a row. But online sales eked out a new record, if barely.
Well, not markets. Fed-managed paper exchange.
Never a dull moment in the land of consumer stimulus and heavy trucks.