If you wanna live happy, give up your free-will, do you karma according to your dharma; enjoy present w/o worrying about or borrowing from future, or thinking about past; time runs in a cycle, neither good nor bad times will last long ... Hinduism.
Friday, August 20, 2021
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NFP 162K .. higher than expected ...
But not enough for a rate hike ..!
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because inflation is a monetary phenomenon .. it rises in proportion to the money supply (mostly reckless spending by congress) or a reducti...
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as Fed have been raising Federal rates (short-term) this year, market has been dropping long-term rates since Jun 15th anticipating downturn...
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And GooG issues new stock to generate $80B to invest in AI buildup .. now that's smart .. but who's?
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