October Surprise: U.S. Added More Than 1,000 Manufacturing Jobs a Day, Best Since 1998

October Surprise: U.S. Added More Than 1,000 Manufacturing Jobs a Day, Best Since 1998.

Repeal those regulations! Most regulations are just barriers to entry. The companies being regulated, once they have complied with the regulations, love them because they keep out competitors.

Immigrants down, wages up. Don’t expect to hear about the Trump-inspired economic uptick on Australia’s ABC, except perhaps for it to be summarily dismissed in an inaccurate one-liner.

U.S. unemployment is at a 50 year low, and wages are up the most in a decade, yet the market is acting like the inevitable recession is well under way. Are we at a crossroads? Probably yes, because interest rates (bond yields) are generally rising for the first time since 1982.

Of course, there are those (ahem) who have been pointing out since the days of Reagan that if you borrow enough money, of course you can juice the economy. But when is it going to stop?