Many negative expectations over the past year, unfortunately, becoming reality including: severe recession or worse, continuation of inflation, increasing unemployment, worsening commercial and residential real estate issues, likelihood of lower and lower dollar, job creation issues including future robotics, and complicated by global military threats and U.S. instability. This is not a pretty picture and could actually become much worse than expected in this podcast as job growth is not only seriously threatened but so is price stability. Considerations for personal/family financial protection are discussed.
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Many negative expectations over the past year, unfortunately, becoming reality including: severe recession or worse, continuation of inflation, increasing unemployment, worsening commercial and residential real estate issues, likelihood of lower and lower dollar, job creation issues including future robotics, and complicated by global military threats and U.S. instability. This is not a pretty picture and could actually become much worse than expected in this podcast as job growth is not only seriously threatened but so is price stability. Considerations for personal/family financial protection are discussed.
Ep. 121-August Is a Tricky Month with Data Revisions and Trend Tracking
UCLA Extension Business Insights
22 minutes 39 seconds
1 year ago
Ep. 121-August Is a Tricky Month with Data Revisions and Trend Tracking
Major government revision of 'number of employed' reported in process for release. Economy weakened quite significantly this summer with threat of Japan 'Carrytrade' still overhanging the U.S. bond and stock markets. Challenge by BRICS+ to the U.S. gaining global momentum with U.S. electioneering a strong negative for U.S. global engagement.
UCLA Extension Business Insights
Many negative expectations over the past year, unfortunately, becoming reality including: severe recession or worse, continuation of inflation, increasing unemployment, worsening commercial and residential real estate issues, likelihood of lower and lower dollar, job creation issues including future robotics, and complicated by global military threats and U.S. instability. This is not a pretty picture and could actually become much worse than expected in this podcast as job growth is not only seriously threatened but so is price stability. Considerations for personal/family financial protection are discussed.