The White House signaled publicly to Ukraine that targets in Crimea are fair game just before the bombing of the Kerch Bridge, which connects mainland Russia with the peninsula and used as an important supply route for Russian troops.
Category: ISSUE
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
Dragflation: Economic growth declining and inflation rising... plus the pressure of interest rate hikes that are drying up the cheap money pool are causing companies in many sectors to lay off employees. Job cuts in September came in at 29,989, up 46.4 percent from a month earlier. Job cuts have jumped 66 percent year on year in September according to the Challenger report.
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AUGUST JOB OPENINGS A MILLION LESS THAN IN JULY
In August, the number of open jobs fell to just under 10.1 million, about 1.1 million fewer than in July but still leaving 1.7 jobs available per unemployed worker, CNBC noted.
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JOB MARKET LOSES MOMENTUM BUT REMAINS STRONG
The U.S. economy sprouted 263,000 new jobs in September, the U.S. labor department reported.
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U.S. MARKETS MAY BREAK POST-MIDTERM STREAK, ANALYSTS SAY
After each of the last 40 midterm elections, the Standard & Poor’s 500 has gained an average of 15 percent in the following 12 months on a sense of clarity about short-term tax, fiscal, and economic policy, The Wall Street Journal reported.
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“RATE SHOCK” WEARS ON MARKETS
Around the world, central banks are raising interest rates at the fastest clip in at least 40 years, stressing some markets to the point of cracking, according to The Wall Street Journal.Corporate bonded debt is showing signs of distress, the WSJ noted, and which we reported in “OECD Warns About Corporate Debt” (25 Feb 2020),......
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IS TECHNOLOGY STEALING YOUR EYESIGHT?
An epidemic of myopia, or nearsightedness, is occurring at younger ages. Too much screen time and not enough time outdoors have been pinpointed as the likely culprits.
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SHIPPING LINES CANCEL CARGO VOYAGES FOR LACK OF DEMAND
During what normally is the busiest time of year, ocean cargo lines are canceling sailings due to lack of demand as retailers cancel orders or place no new ones.
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TOP TREND: NEW WORLD DISORDER. DOES STRONG JOBS REPORT SIGNAL BIG RATE HIKE?
The U.S. economy’s addition of 263,000 jobs in September shows the labor market is strong enough to withstand another three-quarter-point interest rate increase when the U.S. Federal Reserve meets in early November, The Wall Street Journal said.
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TOP TREND 2022, DRAGFLATION: ANALYSTS CHOP EARNINGS OUTLOOK FOR MAJOR U.S. CORPORATIONS
Since July began, analysts at the largest U.S. banks have pared $34 billion off their expectations for third-quarter growth among American corporations listed on the Standard & Poor’s 500 index, FactSet reported.