Attention Economy


Friday, June 7, 2024

State of the US Economy

Why the Recession Still Isn’t Here
https://www.wsj.com/economy/recession-inflation-fed-jobs-report-b9d1fb28
 
US Household Net Worth Rises to Record as Stocks Keep Climbing
https://www.bloomberg.com/news/articles/2024-06-07/us-household-net-worth-rises-to-record-as-stocks-keep-climbing
 
Stunning Job Numbers May End Up Being Just OK
https://www.bloomberg.com/opinion/articles/2024-06-07/stunning-job-numbers-could-end-up-being-just-ok
Friday’s US payrolls data beat the median forecast by a wide margin, shocking markets. Let’s not forget how imprecise the release is. 

The great American boom is finally running out of steam, leaving mountains of debt
https://www.telegraph.co.uk/business/2024/06/05/great-american-boom-running-out-steam-mountains-debt/
High borrowing and low personal savings are dashing hopes of an economic soft landing
 
Economic Data Paint a Picture of Two Americas
https://www.wsj.com/economy/consumers/economic-data-paint-a-picture-of-two-americas-fb10e908