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PART 01: A lousy labor market report for August is being blamed on a "labor shortage". Also, 'lazy Americans' and 'the delta'. But the real problem is that businesses will not pay a market-clearing wage to hire the workers they need. Why not? Because the economy is lousy. PART 02: A long-standing NBC News Survey shows John & Jane Q. Public perceive the economy's condition BETTER than economists who anchor to the unemployment rate. Since 2005, US citizens have sensed each global dollar squeeze. They may be noticing another one, right now. PART 03: Lightning round review of the: Australian dollar, Chinese yuan, gold-silver ratio, Federal Reserve's reverse repo program, European Central Bank's symmetric inflation target and natural gas. Also, the House of Lords questions the Bank of England's use of QE. -----SEE EPISODE 98------- Alhambra YouTube: https://bit.ly/2Xp3roy Emil YouTube: https://bit.ly/310yisL
-----HEAR EPISODE 98----- Vurbl: https://bit.ly/3rq4dPn Apple: https://apple.co/3czMcWN Deezer: https://bit.ly/3ndoVPE iHeart: https://ihr.fm/31jq7cI TuneIn: http://tun.in/pjT2Z Castro: https://bit.ly/30DMYza Google: https://bit.ly/3e2Z48M Spotify: https://spoti.fi/3arP8mY Pandora: https://pdora.co/2GQL3Qg Breaker: https://bit.ly/2CpHAFO Castbox: https://bit.ly/3fJR5xQ Podbean: https://bit.ly/2QpaDgh Stitcher: https://bit.ly/2C1M1GB PlayerFM: https://bit.ly/3piLtjV Podchaser: https://bit.ly/3oFCrwN PocketCast: https://pca.st/encarkdt SoundCloud: https://bit.ly/3l0yFfK ListenNotes: https://bit.ly/38xY7pb AmazonMusic: https://amzn.to/2UpEk2P PodcastAddict: https://bit.ly/2V39Xjr
----EP. 98a REFERENCES---- Yes And No Taper To Labor (and inflation): https://bit.ly/38E77YJ
----EP. 98b REFERENCES---- They’ve Lost That Loving Feeling: https://bit.ly/3zJ6sB3 NBC News Survey Study #210188: https://bit.ly/3n5o0Ec ----EP. 98c REFERENCES---- China, Australia, and The European Way Into Reverse Repo: https://bit.ly/2WYpuFr ECB: The new monetary policy strategy: implications for rate forward guidance: https://bit.ly/3h2hlXm Finally, QuEstioning ‘Easy Money’: https://bit.ly/3h2hlXm Quantitative easing: a dangerous addiction?: https://bit.ly/3tmCUa7 Alhambra Investments Blog: https://bit.ly/2VIC2wWlin RealClear Markets Essays: https://bit.ly/38tL5a7 -----------WHO------------- Jeff Snider, Head of Global Investment Research for Alhambra Investments and Emil Kalinowski. Art by the pen of the people, David Parkins. Podcast intro/outro is "UntrainedEye" by _91nova from Epidemic Sound. |