MAY US WAGES DECELERATE; MFG/CONSTRUCTION NEARLY FLAT
WASHINGTON (MaceNews) – The unexciting May jobs report, though no disaster, reinforced the perception of trend deterioration Friday, with the deceleration in earnings the leading negative, followed by the lifeless manufacturing and construction numbers. Total payrolls growth was well below expectations with its 75,000 increase, while revisions to March and April subtracted 75,000 jobs from […]
US CONSUMER PRICE INDEX STABLE; GEOPOLITICAL INDEX SCRAMBLED
–This Week: China, Iran, N. Korea, Venezuela – and Uber By Denny Gulino WASHINGTON (MaceNews) –Countercurrents swirled in a jumbled whirlwind of market, trade and geopolitical uncertainties the second Friday in May yet among the exceptions is U.S inflation, which continues to be an eddy of calm in April’s report. The future as always is […]