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THE DAILY EDGE: 25 JUNE 2019

2 thoughts on “THE DAILY EDGE: 25 JUNE 2019”

  1. This is entertaining — the 30 year mortgage rate as a percentage change; the recent trend with a 6.6% decline is somewhat unusual, of not alarming. However, 30 yr mortgages are really not going down that much, even though the 10 yr yield is slipping below 2%. Is this a conundrum or the final gasp before a major crash?

    https://fred.stlouisfed.org/graph/?g=ohrx

  2. The charts above offer strong evidence that our economy is in the midst of a massive structural change. Two of the three mainstream employment statistics — labor force participation and employment-to-population — document a structural change that seems deeper than just the result of a business cycle downturn. Unemployment has essentially reached its “natural” rate, but labor force participation and employment-to-population are both very low compared with other post-recession periods.

    https://www.advisorperspectives.com/dshort/updates/2019/06/13/u-s-workforce-recovery

    Five Decades of Middle-Class Wages: May 2019 Update
    by Jill Mislinski, 6/21/19

    https://www.advisorperspectives.com/dshort/updates/2019/06/21/five-decades-of-middle-class-wages-may-2019-update

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