Friday, May 6, 2022

APR NFP - 428K; UNEMPL stayed 3.6%

participation rate 62.2 declined which will put pressure on wages

did productivity numbers (-7.5%) spook the markets yesterday ?

NASD makes an intra-day low of the year.

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BRK invests additional $10B in GooG stock ...

And GooG issues new stock to generate $80B to invest in AI buildup ..  now that's smart .. but who's?

  • you don't need to be a PhD in economics ...
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    either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being l...
  • Too late .. Fed chairman ...
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