The Next Big Problem: “Stagflation Is Starting To Show Across The Economy”

The Next Big Problem: “Stagflation Is Starting To Show Across The Economy”

In the past few months, the Bureau of Labor Statistics has gone out of its way to show that U.S. worker compensation is finally rising. There is one problem with that: while that may be true on an hourly basis… … on a weekly basis, the picture is vastly different. What is happening is that weekly wage growth have gone nowhere in years, but because the average hours worked per week has declined and today hit a 2 year low of 34.4, it translates into more money per hour worked….

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GBP/USD Weekly Fundamental Analysis – April 4- 8, 2016 -Forecast

GBP/USD Weekly Fundamental Analysis – April 4- 8, 2016 -Forecast

The GBP/USD gained just 0.57% last week to trade at 1.4224 seeing an annual fall of 3.49% as Brexit continues to weigh on the currency. Although GDP beat forecasts recently manufacturing data was a bit weaker.  The UK outlook is being dominated by the build up to the June 23rd referendum on whether the UK should leave the EU or Brexit for short. The more reliable phone-based opinion polls are showing a lead of close to 10% for the “stay” camp.However, that is down from over 20% at the end…

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