Not long ago, perusing CNBC would make you feel pretty bullish. I talked about this many times on my podcast — “nothing to see here people, everything’s fine!” Except… was everything fine? I don’t think so! Here’s but one example: https://medium.com/@sara_causey/they-changed-their-tune-8c22fbf04101...
[buzzsprout episode='10892331' player='true'] Saturday broadcast, 6/25 - 7/1 Key topics: ✔️ ICYMI news. ✔️Empty shelves, fronting, stores keeping lights off and AC barely on. ✔️A lot of people working side hustles just to make ends meet but hey: everyone's doin' great! ✔️IMHO, I am sus regarding anyone who says the entire...
Photo credit to: https://unsplash.com/@elisa_ventur There is something in the air. It's called stress, economic uncertainty, and worry. If you go to CNN's "Fear and Greed Index," you'll typically find the gauges in either Fear or Extreme Fear these days. https://www.cnn.com/markets/fear-and-greed LinkedIn published the article, "Retail workers don't feel...
[buzzsprout episode='10858972' player='true'] To be totally clear: this is not advice! This is me opining for your entertainment only. Several people have asked me offline as well as frequent podcast listeners to make some conjectures on where the job market is headed. ✔️ I don't know. I'm not...
Well, yes. Exactly. Believe me, I am glad that more people are waking up to reality. IMO, any job hopping that happens now needs to be done with care and judiciousness. Look before you leap and do some due diligence. How does a recession or a bear...
Photo by Chris Briggs on Unsplash. I feel like Orlando Miner is doing for the housing market what I'm trying to do for the job market: waking people up to reality. 🙌🏻 Last week, he published the video, "Zillow To Sellers 'It's Over' | Housing Market #21,"...
Photo by Isaac Smith on Unsplash. 'Think about it. There are currently 11.4 million open jobs in the US. Unemployment is less than 4%.' Yeeeaaaahhhh...
Some of the roles posted are truly open, yes. Some are going unfilled due to actual labor shortages and some are unfilled because the hiring manager wants Tony Stark — genius, billionaire, philanthropist—for pennies on the dollar. Other roles, however, are evergreens: they are posted...
[buzzsprout episode='10851581' player='true'] Saturday broadcast, 6/18 - 6/24 Key topics: ✔️ ICYMI news. ✔️Possible 10% unemployment rates, possible land war in Europe, possible anger explosion around the 4th of July, ARMs, foreclosures, layoffs, etc. ✔️ Teve Torbes. Links I discuss in this episode: https://www.youtube.com/watch?v=U2-9qlwSmm0 https://www.newsmax.com/newsmax-tv/steve-forbes-recession-economy-federal-reserve/2022/06/18/id/1075025/?dkt_nbr=6F0112jf8yid https://www.cnbc.com/2022/06/20/heres-why-this-housing-downturn-is-nothing-like-the-last-one.html https://www.fool.com/real-estate/2022/03/22/foreclosures-are-up-700-is-this-a-red-flag-for-the/ https://www.youtube.com/watch?v=19MZgRxo9vo https://www.youtube.com/watch?v=tjiACakvt2A https://www.youtube.com/watch?v=g1g0zJRncIk https://www.linkedin.com/news/story/companies-botch-remote-layoffs-5369964/ https://www.linkedin.com/pulse/what-recession-does-mean-your-job-heres-everything-gen-prudente/ https://finance.yahoo.com/news/jim-rogers-warns-worst-bear-220000086.html https://en.wikipedia.org/wiki/Jim_Rogers https://www.cnbc.com/2022/06/22/demand-for-adjustable-rate-mortgages-surges-as-interest-rates-jump.html https://nypost.com/2022/06/19/uk-army-chief-britain-must-prepare-to-fight-amid-ukraine-war/ https://www.cnbc.com/2022/06/23/why-peoples-job-offers-are-getting-rescinded-days-before-they-start.html https://www.linkedin.com/feed/update/urn:li:activity:6945428512585510912/ https://www.linkedin.com/news/story/will-recession-kill-wfh-revolution-4837177/ https://www.marketwatch.com/story/fed-says-banks-could-withstand-10-unemployment-55-stock-price-drop-in-annual-stress-test-11656016376 https://www.marketwatch.com/story/unemployment-claims-fall-slightly-to-229-000-but-labor-market-might-be-cooling-off-11655988191 Need more? Email me: https://causeyconsultingllc.com/contact-causey/ For exclusive content you won't find...
Photo by christopher lemercier on Unsplash Recently, CNN released a heartbreaking story titled, "Retirees becoming homeless at higher rate than other age groups amidst inflation." (https://www.cnn.com/videos/business/2022/06/10/inflation-seniors-rent-health-homelessness-pkg-cohen-newday-ldn-vpx.cnn/video/playlists/business-news/) It's a terrible situation though probably not surprising to anyone given how much the general cost of living has increased. 8.5%...