The stock market

Really you say? How foolish you are. Fresh from a McDonalds menu this morning.

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A closely tracked wage growth metric hit its highest level in a year during the first quarter, fueling concerns that sticky inflation may be pervasive and prompt the Federal Reserve to hold interest rates steady for longer than initially hoped.

New data out Tuesday from the Bureau of Labor Statistics showed that compensation costs increased 1.2% in the first quarter, above the prior quarter's 1% increase and higher than the 0.9% economists had expected, per Bloomberg data.


Leave the rates alone.

Hopefully does not cave to political pressure.
 
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