Thursday, July 2, 2020

strong june NFP report ...

4.8M jobs added ..

market jumped initially, but both teenies and market gave up by EOD sensing too much optimism, as 3150 seems hard for market to cross.

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why tariff's are not causing inflation ..?

because inflation is a monetary phenomenon .. it rises in proportion to the money supply (mostly reckless spending by congress) or a reducti...