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Bancreek’s CPI tool: https://www.bancreek.com/p/checking-the-tape-may-2024-cpiu
Bancreek’s PCE tool: https://www.bancreek.com/p/april-2024-pce-update
Bancreek’s labor market tree map: https://www.bancreek.com/p/us-employment-data-treemap
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Timestamps:
(00:00) Introduction
(00:57) The U.S. Labor Market
(03:57) Tree Map Of Where New U.S. Jobs Are Being Created (It's A LOT In Healthcare and Government Sector)
(19:50) VanEck Ad
(23:17) The Growth In U.S. Government Jobs
(28:39) U.S. Healthcare Industry Is Incentivized For High Prices And High Job Growth Is A Consequence
(45:00) Homebuilding, Oil & Gas, and Retail
(52:11) Inflation Masterclass: Differences Between CPI & PCE
(01:11:35) Healthcare in PCE & CPI
(01:28:46) With Housing Inflation Where It Is, It Is Nearly Statistically Impossible For Inflation To Be At Or Below The Fed's Target of 2%
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
