HomeMarketsIndicesUnemployment Doesn't Lower Labor Costs Or Inflation
Unemployment Doesn't Lower Labor Costs Or Inflation

Maybe it's time to start buying again, says Michael Jones. He discusses how the markets interpreted Jerome Powell's comments. He talks about how he believes that there will be a 75BPS rate hike. He then goes over how there is no historical evidence that higher unemployment lowers labor costs or inflation. Finally, he notes what to buy and what to sell. Tune in to find out more about the stock market today.

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09 Sep 2022

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