Google “labor shortage” or “wage hikes” and the result is a picture of an overheating economy. Some examples from August 10:
Why Disneyland’s $15-an-hour labor deal is a win for workers everywhere
Colorado small businesses seek help...
John Rubino
Articles by John Rubino
Money manager Rob Arnott and finance professor Lisa Meulbroek have run the numbers on underfunded pension plans and come up with an interesting – and highly concerning – new angle: That they impose a “stealth mortgage” on homeowners. Here’...
The Wall Street Journal recently highlighted a better method of analysing the impact of public sector pensions on state and local budgets. The results are ominous for government finances, the bond markets, and pretty much everything else...
Excerpted from Michael Pento’s Pento Portfolio Strategies
China appears to have more to lose from a trade war with the US simply because the math behind surpluses and deficits renders the Bubble Blowers in Beijing at a big disadvantage...
China appears to have more to lose from a trade war with the US simply because the math behind surpluses and deficits renders the Bubble Blowers in Beijing at a big disadvantage...
China’s growth over the past decade has been not just impressive, but historically unprecedented. No single country has ever added this many factories, roads, airports and entire new cities in so short at time.
But the transformation...
But the transformation...
Today’s Wall Street Journal contains a couple of charts that illustrate a relationship that’s not getting much media attention these days: The fact that tightening labor markets are forcing companies to raise wages, in the process...
Okay, one more look at wage inflation, followed by a short diatribe on the unfairness of life.
As the labor markets get tighter, power is finally shifting from companies to workers. For some reason Iowa is leading the way (the promised...
As the labor markets get tighter, power is finally shifting from companies to workers. For some reason Iowa is leading the way (the promised...
Economist Peter Bookvar recently analyzed the the anecdotal evidence of capacity constraints piling up in recent industry surveys, including the following:
“Business is strong in all regions. Materials are tight. Trucking continues to...
“Business is strong in all regions. Materials are tight. Trucking continues to...
One of the things giving “data-driven” central banks wiggle room on their pledge to tighten monetary policy is the fact there are several definitions of inflation. In the US the thing most people think of as inflation is the consumer price...
Being huge, consequential and technologically advanced, China isn’t normally lumped into the “emerging” category with Brazil and Argentina. To most observers they’ve already left the kids table and are now seated with the developed-world...
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