High inflation expectations complicate things for Jay Powell’s Fed. Plus, banks are stuck with depreciated bonds and job searchers should prepare to be “in it for the long haul.”
The softening labor market, falling Treasury yields and a fuzzy service sector can all point to the multiplying economic unknowns. Plus, entrepreneurship booms and a soybean farmer worries.
Staying in LA will be even harder for grips, gaffers and lighting techs with roughly 13,000 homes lost in January’s fires. Also: The rising cost of utilities and a second act for frozen foods.
It’s hard to say whether durable goods orders are up because of optimism or uncertainty. Plus, unemployment claims, med spas and how a customs broker sees the current economy.
