Broken Employment

By |2017-04-20T18:22:19-04:00April 20th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

For the third consecutive month real average weekly earnings fell year-over-year. In March, at least, with the CPI starting its downward leg the decline was by the smallest amount; essentially flat but fractionally less than zero. It was the first time real wages have fallen three in a row since early 2012. The six-month average is just about zero, too, [...]