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A Tale of Two Americas

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LE1! The U.S. Bureau of Labor Statistics (BLS) released July non-farm payrolls on August 5th and July Consumer Price Index (CPI) on August 10th. Both reports beat market expectations. About 528,000 new jobs were created in July, well above June level. Annualized Inflation was lowered to 8.5% from the record 9.1% in June. While strong jobs data and taming inflation show the resilience of US economy, worrying signs are emerging. There are strikingly different faces of America
JimHuangChicago
Wizard
Jim W. Huang, CFA
jimwenhuang@gmail.com
cmegroup.com/markets/microsuite.html
Also on:
Chart PatternscmegroupCPIfederalreserveFundamental Analysisinflationlivecattlenonfarmpayrollrussell2000Trend Analysis

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Chart PatternscmegroupCPIfederalreserveFundamental Analysisinflationlivecattlenonfarmpayrollrussell2000Trend Analysis
JimHuangChicago
Wizard
Jim W. Huang, CFA
jimwenhuang@gmail.com
cmegroup.com/markets/microsuite.html
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.