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Weak employment growth

By: Cactus Flower in ALEA | Recommend this post (0)
Tue, 10 Apr 18 3:02 PM | 42 view(s)
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Msg. 24428 of 54959
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... means the US has probably reached full/maximum employment.

This ISN'T Trump's fault. That's the way it goes when people are mostly employed.

The next leg of the cycle will likely be wage growth, so then we begin an upwards inflation curve, higher interest rates to tamp it down, and costlier borrowing for the federal government.




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