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Quel Horreur!!! Wall Street's Jim Paulsen: The 10-year yield could go as high as 3.5% if worker pay continues to risehttps://cnb.cx/2DXtlsg
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Homes and cars are the items most dependent on credit for purchase. Sales of both are down to flat this year. And notice how car and home stock indices rolled over in Januaryhttps://www.marketwatch.com/investing/index/djusau/charts?countrycode=xx …
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kind of ominous that so many of these consumer-oriented recent IPO companies are performing so poorly at this stage in the economic cycle
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large scale solar being built in Denmark without subsidieshttps://www.pv-magazine.com/2018/10/04/two-new-subsidy-free-utility-scale-pv-projects-for-denmark/ …
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your monthly reminder that autos are america's biggest manufacturing sector and america's biggest retail sector. And sales are down so far this yearhttps://seekingalpha.com/news/3394577-u-s-auto-sales-take-step-back-september …
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Color me skeptical,, but I think the insanely tight labor market has much more to do with self-imposed minimum wage increases than social pressure
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Eric Reid schooling sports reporters on the New Deal is pretty awesomehttps://www.panthers.com/video/eric-reid-full-introductory-press-conference …
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Bar fights ranked: 1. Salad bar fights: when someone takes the last green olives 2. Barre Method fights: when someone takes your favorite spot on the floor 3. Bar Mitzvah fights: when someone hogs all the little hot dogs during cocktail hour.
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Daniel Gross Retweeted
Incredibly excited about our new series on climate change. Here's
@bradleyhope and@NicoleFriedman with a deep look at how the insurance industry is recalculating the cost.https://www.wsj.com/graphics/climate-change-forcing-insurance-industry-recalculate/ …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
A country with a population of about 5.7 million, but still.https://twitter.com/colinmckerrache/status/1047099350776733696 …
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Yowza! Italy yields hit 4-1/2-year high as lawmaker sparks euro exit fears -https://invst.ly/8rnem
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The marginal price for temporary work for the Holidays may indeed be $15 an hour. But you can't offer the temporary people significantly more than the wages being paid to existing employees. They'd leave! 4/
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Offering $10 an hour, or $12 an hour, or gift cards or other perks won't do the trick. We have a huge shortage of people who are able and willing to work these kinds of jobs. So you have to offer substantially higher wages than they can get at other work 3/
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Unemployment is really low. There are 6.6 million jobs open in the US already. And you need to hire 50,000, 80,000, 100,000 people for temporary work for the Holiday season, or else your year is shot 2/
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one of the ironies is that the need by large companies to hire large numbers of temporary holiday workers may be fueling across-the-board pay increases 1/
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Norms matter. When very large employers start making the minimum wage $15, the smaller companies that compete with them for labor will have to raise their own minimum wage.
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"Listen, mon ami. We serve dos equis beer; but we don't serve beer to des equi"https://twitter.com/CBSNews/status/1046889162320896000 …
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