Paris
What is love?
in the long term all investments return to their fundamental value
So we can look forward to USD becoming pretty much worthless? (if it isn't already)

in the long term all investments return to their fundamental value

So we can look forward to USD becoming pretty much worthless? (if it isn't already)![]()
Bond market seems, after a bit of a panic a couple of months ago, to have come to same conclusion.This might be a good indicator of supply side inflation. It’s to be expected but likely transient.
My view is that, despite a couple or supply side shocks, inflation will likely take a slow glide upward over time as economies reopen. Atm I think we are well under capacity and it’ll take a while for things to get back up and running. Labour markets aren’t very tight (aside from some pockets) and so the demand side of things isn’t quite there yet.Bond market seems, after a bit of a panic a couple of months ago, to have come to same conclusion.
My view is that, despite a couple or supply side shocks, inflation will likely take a slow glide upward over time as economies reopen. Atm I think we are well under capacity and it’ll take a while for things to get back up and running. Labour markets aren’t very tight (aside from some pockets) and so the demand side of things isn’t quite there yet.
Going to be interesting to see how this plays outMy view is that, despite a couple or supply side shocks, inflation will likely take a slow glide upward over time as economies reopen. Atm I think we are well under capacity and it’ll take a while for things to get back up and running. Labour markets aren’t very tight (aside from some pockets) and so the demand side of things isn’t quite there yet.
Going to be interesting to see how this plays out
If that is the difference we’ll soon know as we have about half the states stopping those paymentsWell, when it’s almost more lucrative to sit on your butt and do nothing than it is to work, it’s not really surprising. If I remember correctly, the rescue act provided an additional $300/week on top of normal unemployment so people are basically incentivized to do nothing now. Drives me batty.
If that is the difference we’ll soon know as we have about half the states stopping those payments
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Pandemic unemployment benefits expired on Labor Day. Could they be renewed?
Millions of Americans lost jobless benefits this month. Some lawmakers are proposing that aid be reinstated in an upcoming spending package. Here's the latest.www.cnet.com
At least so far doesn’t seem to be having an impact
Could well play a part but suspect it is far more complex involving things like childcare demands, work from home desires, a rethink on what is important in life, and the below
Sorry wasn't clear. I have a whole bunch of ideas of why people might be quitting and not sure yet which it is - if any, it could be everyone is becoming a day trader or retiring on their AMC profits!The job search thing isn’t exactly a 1:1 with the current shortage and people leaving but that is interesting. It almost looks as though 2-3 weeks before the cutoff there is an increase and then those who still haven’t found anything they want are just giving up. Late June/Early July now increasing while others going down.
The subsequent tweets you might need to help me. There’s over 9 million openings for places looking to hire as your previous post called out.
Haha I’m sure there’s a certain part of the population leaving jobs for exactly that reason! Sadly, I think they’re going to be in for a rude awakening at some point down the line. Long term day trading is brutal, and no matter how high a stock goes, there will always be people left holding the bag.Sorry wasn't clear. I have a whole bunch of ideas of why people might be quitting and not sure yet which it is - if any, it could be everyone is becoming a day trader or retiring on their AMC profits!
Thanks. Meeting heavy morning so I’ll give it a read a little later on today. Can always count on you for on point info.@carolinablue232 found this interesting, especially the new biz formation bit
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Table Stakes - The Big Picture
Listen to the audio version of this post here I have troubles with this question: “Why are Job Openings so hard to fill?” It is a misleading question, or to be more precise, a misleading half of a question. Either through dishonesty or ignorance, it leaves out a key aspect of…Read Moreritholtz.com
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