We got quarterly ECI this morning, which economists and the Fed follow closely for wage trends, and for Q3 it fell below inflation.
This is as inflation picks up, and the labor market and wages further weaken.
#EconSky
We got quarterly ECI this morning, which economists and the Fed follow closely for wage trends, and for Q3 it fell below inflation.
This is as inflation picks up, and the labor market and wages further weaken.
#EconSky
https://wapo.st/4pB5v7W
https://wapo.st/4pB5v7W
www.hopiumchronicles.com/p/eileen-hig...
www.hopiumchronicles.com/p/eileen-hig...
open.substack.com/pub/thebulwa...
open.substack.com/pub/thebulwa...
📷️: Juliette Pavy/Bloomberg
📷️: Juliette Pavy/Bloomberg
www.washingtonpost.com/world/2025/1...
But there’s been no bigger financial winner than the German defense contractor Rheinmetall.
But there’s been no bigger financial winner than the German defense contractor Rheinmetall.
Americans: We can’t afford lettuce.
www.kcci.com/article/eddy...
Americans: We can’t afford lettuce.
www.kcci.com/article/eddy...
www.wsj.com/world/europe...
www.wsj.com/world/europe...