Financial markets heading for biggest inflation scare since early 1980s: Greed and Fear
By IANS |
Published on
Fri, May 7 2021 20:06 IST |
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Graph. (File Photo: IANS). Image Source: IANS News
New Delhi, May 7 : It is interesting that FAANG stocks still look like they have peaked out against the S&P500 despite the fantastic quarterly earnings reported by these companies last week, according to Greed and Fear .
Jefferies analyst Christopher Wood, in his stock market commentary Greed and Fear said in a funny kind of way, the better the numbers these companies report, the more it is a sign of their control of the marketplace from an anti-trust and other regulatory standpoints. FAANG refers to leading tech stocks Facebook, Amazon, Apple, Netflix and Alphabet (formerly known as Google).
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In a rational world, employers desperate to fill jobs would do everything they could to make their workplaces seem attractive: They’d raise wages, offer bonuses and show themselves to be caring and respectful bosses.
In our world, just the opposite is happening. Wages are stagnant, especially in low-paying sectors, and employers are demonstrating utter contempt for employees they’re trying to lure back to work.
They’re casting blame for their difficulties elsewhere especially the purportedly lavish unemployment benefits provided by the federal government.
We got thousands of applications that poured in. It was very overwhelming, very.
Maya Johnson, describing what happened when she doubled the minimum wage at the Pittsburgh ice cream shop she manages
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US Chamber Of Commerce Urges Biden To End Pandemic Handouts: Paying People Not To Work Is Killing The Recovery
by Tyler Durden
Friday, May 07, 2021 - 04:11 PM
Update (1055ET): Right on cue, just after Minneapolis Fed chief Neel Kashkari admitted that expanded unemployment insurance was keeping workers out of the labor market, contributing to Friday s disappointing employment number, the US Chamber of Commerce released a statement calling for ending the $300 weekly supplemental benefit.
Executive Vice President and Chief Policy Officer Neil Bradley released the following as a statement, saying that while there might have been a time when the benefit was needed, that time has now passed.
Opinion | Behind the April jobs report: Is there a shortage of jobs or a shortage of workers? washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
https://www.afinalwarning.com/516821.html (Natural News) Many companies are deciding whether to make Wuhan coronavirus (COVID-19) vaccinations mandatory for their workers to come back into the office. Some are even planning to make vaccination status a condition of continued employment.
A March survey by insurance firm Willis Towers Watson found that 23 percent of American companies were planning or considering making coronavirus vaccinations mandatory for employees who want to return to the workplace. One in 10 companies was considering making full vaccination a condition of continued employment.
A different survey from the
Arizona State University and the Rockefeller Foundation showed even higher numbers. According to the survey, nearly two-thirds of employers in North America are planning to offer incentives for employees to get vaccinated. Eighty-seven percent of companies are willing to offer on-site vaccinations. If this doesn’t work, 44 percent said they will make