Dr Ed's Video Webcast 8/8/22

Aug 8, 2022 1 min read
Dr Ed's Video Webcast 8/8/22

July’s surprisingly strong payroll employment report points to a strong July reading for the Index of Coincident Economic Indicators.

Below is exclusive early access to Dr Ed's Webcast for paid members. This post and video will open to the public on a later date.

This is good news for the economy, bad news for the fixed-income market, and mixed news for the stock market. While it squashes near-term recession fears, it ups prospective Fed hawkishness. … Within the labor market, there is unprecedented churn as people quit in record numbers for higher-paying positions elsewhere. Over half the workers in July’s employment report were hired over the past year! But consumer prices are spiraling upward along with wages, so even job-jumpers aren’t seeing much wage growth after adjusting for inflation.

Great! Next, complete checkout for full access to Yardeni QuickTakes.
Welcome back! You've successfully signed in.
You've successfully subscribed to Yardeni QuickTakes.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.