Inflation Rising While Wages Are Falling

Inflation Rising While Wages Are Falling

Inflation rising while hourly earnings have fallen in 5 of the past 6 months. The Fed will find it is under further pressure to hike and/or taper, which applies the brakes to any economic acceleration from tax cuts and more government spending.

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Wage Gains? Once again mainstream gets it wrong

Wage Gains? Once again mainstream gets it wrong

This morning as I made myself my first of what is likely to be many cups of coffee given a rather poor night’s sleep, I found myself once again facepalming at the financial news media. First let’s look at the Earnings Report issued this morning from the Bureau of Labor Statistics. Yes, that was the […]

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