By Musabbir Mazhar Inflation numbers reported on November 10, 2021 in US went up by 6.2% in the last 12 months with Energy up 30% and Used Cars and Trucks up 26.4%! To put into perspective, that’s the largest jump since 1990. While that inflation number seems high at first sight, it should not be […]
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US JOBS NUMBER DECLINE. FEDERAL RESERVE BALANCE SHEET NORMALIZATION CONTINUES
By Musabbir Mazhar In the US, the jobs report came out with non-farm payrolls increasing 20,000 for the month of February 2019, which largely falls short of market consensus expectations of 192,000 jobs. This is not good news – to put into perspective, the average job increase was 223,000 each month in 2018 and 311,000 […]
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