Record 4.5 Million Americans Quit Jobs in November
The quits rate came in 3.0%, matching record-high level last seen in Sept and suggesting elevated number of individuals voluntarily leaving their job.
The quits rate came in 3.0%, matching record-high level last seen in Sept and suggesting elevated number of individuals voluntarily leaving their job.
Gartman has been calling for bear market, he said catalyst for decline could be central bank raising interest rates amid a continued inflation rise.
Sherman expects headline inflation to clock in at 4% this year. He added the upcoming CPI release out next week could hit 7% on the headline.
Jim Rogers: Next bear market will be ‘the worst in my lifetime’ — here are 3 assets he's using for 2022 crash protection.
When you have reached this level of obvious super-enthusiasm, the bubble has always, without exception, broken in next few months, not a few years.
With economic growth slowing, companies will see limited sales gains, so ability for firms to navigate inflation and interest rates will be crucial.
Bank of America predicts an S&P 500 slump in 2022 — but it still believes in these 3 sectors.