Market Commentary
The so-called JOLTS report on the movement of workers underscores the worrisome issue of the skills gap and bifurcated job market that has some industries seeking and getting wage hikes and others hanging on for dear life. The key is how many folks are telling their boss to “take this job and shove it,” versus those that are miserable but not causing any ripples.
Surge in Quits
Meanwhile, retail and restaurant worker quits are either lower from a year ago or mostly unchanged.
Don’t look now, but the Dow is creeping back towards 20,000 without a lot fanfare mostly on more signs the nation is ready and prepared for an economic revival. Part of that comes with a smooth transition for the next administration. On that note, hearings for Senator Jeff Sessions are going well; but, tomorrow is the big day when his Senate colleague Corey Booker speaks against Session’s for US Attorney General.
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Buckle up. Cory Booker is going to introduce himself to The American Public. Fred Pulley on 1/10/2017 2:15:47 PM |
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4/26/2024 9:39 AM | BIG TECH STEPS UP |
4/25/2024 1:16 PM | Don't' Bury me, Yet! |
4/25/2024 9:27 AM | THERE CAN ONLY BE ONE |
4/24/2024 1:30 PM | Earnings Flood In |
4/24/2024 9:26 AM | BUYING THE DIP |
4/23/2024 1:25 PM | Bloom Off Rose |
4/23/2024 9:32 AM | WHAT HAPPENED TO THE BRAVADO? |
4/22/2024 1:22 PM | Pins and Needles |
4/22/2024 9:30 AM | LIVE BY THE SWORD … |
4/19/2024 1:20 PM | Fair Chunk of Rotation |
4/19/2024 9:35 AM | DON’T OVERREACT |
4/18/2024 1:37 PM | Didn’t Break Down |
4/18/2024 9:40 AM | MARKET OFF SCRIPT |
4/17/2024 1:59 PM | Facing Pressure |
4/17/2024 9:37 AM | POWELL STILL WANTS TO HELP |
4/16/2024 1:35 PM | Muted |
4/16/2024 9:42 AM | FEAR ARRIVES |
4/15/2024 1:17 PM | Making a Statement |
4/15/2024 9:45 AM | Equal Opportunity Drubbing |
4/12/2024 1:37 PM | Pressure Overall |
4/12/2024 9:42 AM | WHO YA GONNA CALL? |
4/11/2024 1:38 PM | No Urgency |
4/11/2024 9:27 AM | Tough Sledding |
4/10/2024 1:22 PM | Hang In There |
4/10/2024 9:51 AM | HERE COMES THE LATEST RATIONALE FOR PERSISTENT INFLATION |
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