The stronger-than-expected US jobs report has certainly thrown a wrench in the expectations of many market observers. Here's a breakdown of the key points and potential implications: Jobs Report Surprises Hotter than Anticipated: The December jobs report showed an addition of 216,000 jobs, exceeding the pre-report estimate of 170,000 and marking a solid year for the labor … [Read more...] about Resilient Workforce Stokes Inflation Fears: Fed Likely to Keep Foot on the Gas Pedal
inflation
Era of higher inflation here to stay
There is increasing evidence that the era of higher inflation is here to stay. Inflation, which is the general increase in prices of goods and services over time, has been on the rise globally, driven by a variety of factors. One of the main drivers of higher inflation is the ongoing economic recovery from the COVID-19 pandemic. As economies begin to reopen and consumer … [Read more...] about Era of higher inflation here to stay
