Self-Employment Falls
Image Source: Pixabay
“Davidson” submits:
Household Employment is reported to decline 348,000 as Establishment Employment rose 150,000. Some of these changes can be attributed to the reduction of Self-Employed who left the Household series for the Establishment series. Retail Sales have tracked higher with the surprise rise in Vehicle Sales to the 16mil SAAR(Seasonally Adjusted Annual Rate).
Rising economic trends remain in place despite the rise in interest rates. Equity investors have thus far ignored the improving industrial company reports of the last 18mos as the post-COVID recovery continues. At some point investors pay attention to companies reporting profits and raising guidance.
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Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...
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