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Strategies & Market Trends : World Outlook

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From: zzpat	10/15/2017 10:41:30 AM
	of 50388

After every other recession wages went up as the unemployment rate went down. That's not happening (or if it is it's because voters are forcing CEOs to pay more). We need CEOs who know how to grow their businesses by keeping their employees and customers happy. Happy investors (Sears) didn't create a good company and in fact, all the stock buybacks proved to be a historic mistake. "Yellen Calls Inflation the 'Biggest Surprise' in the Economy “The biggest surprise in the U.S. economy this year has been inflation,” Yellen said. While the Fed Chair expects a pickup, she and her colleagues “recognize that this year’s low inflation could reflect something more persistent than is reflected in our baseline projections.” Inflation came in at 1.3 percent in August after stripping out volatile food and fuel, well below the Fed’s goal. It has been headed in the wrong direction for months, and data through the end of the year will be unreliable, muddied by seasonal adjustment issues and price fluctuations wrought by hurricanes that hit the U.S. South late this summer." Bloomberg

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