Manhattan securities firms lost a net 3,600 workers last year, trimming payrolls by about 2 percent down to 179,000, according to data from the New York State Comptroller’s office. The city is set to lose another 4,900 of those employees this year, even though companies have bannered higher pay and better working conditions for new...
Tag: oct 26 2021
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FEDERAL RESERVE’S CHAIRMAN COMES UNDER SCRUTINY
Trends Journal has written about the scandals involving the ethical breaches at the Federal Reserve; see: “MORE PANDEMIC SHADY TRADES AT THE FEDERAL RESERVE?” (5 Oct 2021) “BANKSTER BANDITS GET RICHER PLAYING THE INSIDE TRACK” (14 Sep 2021) “FED ETHICS? FU!” (21 Sep 2021) “FED’S KAPLAN SIGNALED CONFLICTS IN DISCLOSURE FORM” (21 Sep 2021) Those...
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FED TIGHTENS TRADING RULES AFTER SCANDAL FORCES RESIGNATIONS
The U.S. Federal Reserve will no longer allow officials to trade stocks and bonds and will limit all trading activity under new rules announced last week. “These tough new rules raise the bar high in order to assure the public we serve that all of our senior officials maintain a single-minded focus on the public...
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MORE LOWER-INCOME AMERICANS WILL SKIP HOLIDAY SHOPPING THIS YEAR
This year, 11.5 percent of Americans plan not to buy gifts, according to a survey by accounting and business services firm Deloitte. The number is the highest in 10 years, and more than doubles the 4.9 percent who said they would not shop during 2020’s holiday season, Bloomberg reported. In 2019, 2.9 percent said they...
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2020 BUDGET DEFICIT SECOND-LARGEST IN HISTORY
In fiscal year 2021, which ended 30 September, the U.S. budget deficit climbed to $2.8 trillion, second only to fiscal 2020’s $3.1 trillion when the federal government and U.S. Federal Reserve flooded the economy with gifts, grants, and loans to keep it from crashing. The previous record deficit was 2009’s $1.4 billion during the Great...
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INFLATION RISING. NOT “TEMPORARY” OR “TRANSITORY”
On 22 October, a measure of investors’ outlook for inflation notched its worst mark since 2012. The 10-year breakeven rate gauges what investors think a rate of return would have to be to match inflation over the next decade. Last week, the rate rose to 2.64, according to Federal Reserve Economic Data. The breakeven rate...
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OSHA READIES VAX MANDATE SQUEEZE ON STATES
The Federal Occupational Safety and Health Administration (OSHA) has launched action against three states for supposed violations of COVID safety standards. The move comes as the agency has taken the lead in writing the rule for a workplace vaccine mandate proposed by President Joe Biden. Fed labor officials have recently threatened to intervene in the...
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INFLATION HITTING CANADIANS: NOT ENOUGH MONEY TO EAT
Remember for over the past year that the “experts” were forecasting that inflation was “temporary”? Then when they could no longer deny it, they said it was “transitory.” And now, with no end in sight, from the Banksters to the business “experts,” they now forecast that inflation will be around for at least several months...
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NIH STUDY CHALLENGES THE WHOLE VACCINE NARRATIVE
When it comes to health, whatever you believe, there’s likely to be a new study just around the corner that tells you that everything you believe is wrong. A new study, this one from the National Center for Biotechnology Information database of the National Institutes of Health, and reported by NationalFile.com on 20 October, finds...
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COPS RESIST VAX MANDATES, CRIME SPIKE COMING
NYC’s Mayor Bill de Blasio announced, on 20 October, his mandate requiring city employees to get a first COVID-19 vaccination by 29 October or face unpaid leave; the mandate also eliminates the option of testing in lieu of vaccination. Just hours after de Blasio’s announcement, as reported that same day by Bloomberg.com, the NYC Police...