Inflation is averaging 4% YOY.
That’s a positive development for labor because it generally means that wages are going up faster then prices.
Stock markets don’t like uncertainty because it creates volatility.
The markets are very volatile these days because the Big Lie Party (Moscow Mitch) is creating uncertainty by refusing to increase the debt ceiling.
If the debt ceiling isn’t raised shortly, all of those millionaires and billionaires who own government debt won’t be getting their quarterly interest payment for the Treasury.
Inflation is averaging 4% YOY.
That’s a positive development for labor because it generally means that wages are going up faster then prices.
Stock markets don’t like uncertainty because it creates volatility.
The markets are very volatile these days because the Big Lie Party (Moscow Mitch) is creating uncertainty by refusing to increase the debt ceiling.
If the debt ceiling isn’t raised shortly, all of those millionaires and billionaires who own government debt won’t be getting their quarterly interest payment for the Treasury.
Good luck Moscow.