Global Macro / Markets / Investing:
- US job gains smallest in 2-1/2 years; labor market still tight – Reuters
- Death of an Economic Theory: The notion that public investment crowds out private spending has taken a beating lately. – Prospect
- Why Interest Rates Don’t Cool Inflation Enough: They Hit the Wrong Places – WSJ
- How American consumers lost their optimism — It is possible that the lived experience is worse than official employment and inflation data imply – FT
- Half of boomers and late Gen Xers who took early retirement during the first Covid wave have fallen into poverty – Fortune
Americas: