The Labor Department’s job openings and labor turnover survey showed 5.87 million openings, an
all-time high, while hires increased to 5.23 million from 5.17 million in June.
We are well into the boom phase of the latest Federal Reserve created boom-bust business cycle.
This is nothing like what a recession looks like.
-RW
Any comments on declining factory orders, ISM, services? Is it ready to turn down?
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