Contra Corner Economic Update: Still No Golden Age In Sight, Part 1
· davidstockmanscontracorner.com
We have now had back-to-back BLS monthly reports for July that say with regard to Trumpy’s ballyhooed “golden age”: Not so much! In fact, our trusty 16% trimmed mean CPI is still rising at 3.4% Y/Y while our key measure of the job market—hours worked in the goods-producing sector—remains dead in the water. Back in […]
We have now had back-to-back BLS monthly reports for July that say with regard to Trumpy’s ballyhooed “golden age”: Not so much! In fact, our trusty 16% t...