LATEST NEWS : JAPAN ECONOMY STALLS AS INCOMES, SPENDING LANGUISH

TOKYO (AP) — Japan’s vital signs remained weak in July as wages fell further and household spending dropped, signaling continued weakness in the world’s third-largest economy. Data released Friday showed the inflation rate was unchanged from the previous month. The core price consumer index that excludes volatile fresh food prices rose 3.3 percent in July, […]

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Why The Unemployment Rate Is Irrelevant – Lance Roberts

“The media, the financial markets and investors have become fixated on the unemployment rate, as reported by the Bureau of Labor Statistics, particularly since it was directly linked by the Federal Reserve to its current bond buying program.  With the latest gyrations in the markets over the last couple of months tied to “will the […]

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