Loss..

 

So many economists are commenting on the current economy. While today is good economy, yet the near future is going extremely difficult.

Before complete recovery from the Covid Pandemic, and the wasteful spending following, now we are looking at the Abyss face to face.

The Federal Reserve increased the Intrest Rate by 1.5 % in the coming 3 months. Mortgages and Loans will be much higher.

The Fed also decided to reduce the Quantitative easing, poured to the market earlier, reduce over one trillion dollars annually.

The Stock market became skittish.   Global markets have lost $6 trillion in value over the past six days, according to S&P Dow Jones Indices. Stock markets around the world are plunging into correction territory as investors fear the surging of coronavirus cases outside of China and the attempt to controll the inflation in USA and Europe. Just a "Skittish" thought.

Loan..

 

Risky....

 

The US Food and Drug Administration announced Thursday that it is limiting the emergency use authorization of the Johnson & Johnson/Janssen Covid-19 vaccine to people 18 and older for whom other vaccines aren't appropriate or accessible and those who opt for J&J because they wouldn't otherwise get vaccinated.

Today's action demonstrates the robustness of our safety surveillance systems and our commitment to ensuring that science and data guide our actions."

Examples of people who may still get the vaccine include:

• Those who had a severe allergic reaction to an mRNA vaccine.
• Those with personal concerns about the mRNA vaccines who would remain unvaccinated without the J&J vaccine
• Those with limited access to mRNA Covid-19 vaccines.

More than seven million people in the United States have received Johnson & Johnson shots. Just a thought.

Instead..

 

Over Here..

  

Stock Market..

 

President Joe Biden called himself the Unifier. Not sure what and who is being unified.

The focus of this administration, Democrats, is supporting the Ukraine in its war. While here in the Country, expect the inflation to break the back of the poor and soon a recession which will break the backs of the businesses.

The Americans are paying far more than their fare shares now a days.  Just a thought.

Expect..

 

The first week of May could have brought us a much-awaited paradigm shift, however the markets still appraise the impact of China’s COVID lockdowns amidst the mass-testing taking place in Beijing and the probability of a comprehensive European embargo on Russian oil. With no clear way out for either of those, Brent futures remained range bound, closing Tuesday around $106 per barrel.

 Whilst OPEC+ is widely expected to agree to another monthly increase of 432,000 b/d, the widening gap between the oil group’s stated objectives and reality is becoming too glaring to ignore.

- For March, the last month for which official OPEC+ data is available, the discrepancy added up to 1.45 million b/d and is set to only increase in April as Russia’s production went downhill. 

- Africa has been a source of headache of its own, with Libya’s key infrastructure blockade trimming some 550,000 b/d from global supply, whilst Nigeria and Angola continue to slide lowed amidst force majeures and terminal declines.

Add to it the EU's attempt to prevent Russia from selling its oil will impact the prices big time. Expect $200 Per Barrell real soon. Thanks to the Brandons everywhere.

Romance..

 

Those are some of the clues that support the belief that Alabama corrections official Vicky White and murder suspect Casey White had a romantic relationship before both disappeared last week, said Lauderdale County Sheriff Rick Singleton.

Vicky White, 56, and Casey White, 38, who are not related, went missing Friday morning after she said she was taking the inmate to the courthouse and was planning to seek medical attention because she wasn't feeling well.

Vicky White is now the subject of an active arrest warrant for allegedly permitting or facilitating escape in the first degree, the sheriff said Monday. 

Authorities believe the officer and inmate had a romantic relationship that extended into Vicky White's non-work hours, Singleton said.

Too many broken hearts have fallen in the river
Too many lonely souls have drifted out to sea
You lay your bets and then you pay the price
The things we do for love, the things we do for love.

The Abyss..

 

Worker productivity fell to start 2022 at its fastest pace in nearly 75 years while labor costs soared as the U.S. struggled with surging Covid cases, the Bureau of Labor Statistics reported Thursday.

Nonfarm productivity, a measure of output against hours worked, declined 7.5% from January through March, the biggest fall since the third quarter of 1947.

At the same time, unit labor costs soared 11.6%, bringing the increase over the past four quarters to 7.2%, the biggest gain since the third quarter of 1982. The metric calculates how much employers pay workers in salary and benefits per unit of output.

Wall Street already had been looking for a 5.2% drop in productivity and an increase of 10.5% in unit labor costs.  

Taken together, the numbers underline the inflation surge in the U.S., which has seen prices rise at the fastest level in more than 40 years.

How are we going to fix that, with Democratic party promoting executive decisions that is taking the Country to the edge of the Abyss.

Dunno..

 

There is a major difference between the Seventy's Inflation and today's. The current is a hand made and delivered by our current Democratic Party and Democratic Presdent..

First, Shutting down the Key Stone pipeline. Second, "No drilling, no drilling period". Third, Waste spending right and Left. Fourth, Shutting down the Nord Stream 2. Fifth, encourage the Ukranian/Russia war and finally, many related executive decisions made hastley by this administration.

They called this inflation "transitional" and it is with tremendous pain to poor people in particular. 

Let us fix it Brandon, let us admit our misguided decisions and fix it.  Just a thought.