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In Reply to: There's that and the fed now openly talking about...- posted by Steve O on June 17, 2021 at 10:24:13:
Last year, as unemployment jumped to 10% and businesses were closed all over the country, markets had a field day.
The problem is that we had to shut down a just-in-time economy. Now we have shortages to deal with because of supply chain disruptions.
Also, a lot of people who lost shitty jobs last year found jobs that are still shitty but maybe a little better than the old ones and they're not going back. Restaurant workers and truck drivers, for examples.
The blissful counterstroke-a considerable new message.
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Follow Ups
- Not sure that what markets do really relates. - ghost of olddude55 10:57:39 06/17/21 (0)