Macro - Employment, inflation & signs from the various asset classes (12Apr2023)
A strong job report implies that inflation is not coming down soon. Strong job reports imply that people find employment. With employment comes spending. The spending typically supports the demand & indirectly the inflation. We can look at 3 primary macro data - Gross Domestic Product (GDP), inflation & unemployment. Fuel price is trending up, too. This will affect goods & services, transport and utilities. Let's monitor. A strong job report implies that the Fed can remain hawkish too. What is more of a concern is the debt, increasing interest rate, coming debt default, and resumption of student loan repayment after suspension. With de-dollarization, it is not trending in the right direction for the US. Let's monitor. To get a more comprehensive understanding, let us look at the various asset classes. These include real estate, equities (shares), bonds, cold hard cash, commodities like gold & silver and alternative assets like cryptocurrency. I am following se...