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Eurodollar University’s Making Sense; Episode 30; Part 1: Belaboring the Ongoing Lack of “V”

Summary:
———WHERE——— AlhambraTube: https://bit.ly/2Xp3roy Apple: https://apple.co/3czMcWN iHeart: https://ihr.fm/31jq7cI Castro: https://bit.ly/30DMYza TuneIn: http://tun.in/pjT2Z Google: https://bit.ly/3e2Z48M Spotify: https://spoti.fi/3arP8mY Breaker: https://bit.ly/2CpHAFO Castbox: https://bit.ly/3fJR5xQ Podbean: https://bit.ly/2QpaDgh Stitcher: https://bit.ly/2C1M1GB Overcast: https://bit.ly/2YyDsLa PocketCast: https://pca.st/encarkdt SoundCloud: https://bit.ly/3l0yFfK PodcastAddict: https://bit.ly/2V39Xjr ———WHO———   Twitter: https://twitter.com/JeffSnider_AIP   Twitter: https://twitter.com/EmilKalinowski   Art: https://davidparkins.com/   Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski (is that a ponytail?). Artwork

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Jeffrey P. Snider writes Inflation (Expectations) Is Anything But Confusing

———WHERE———

AlhambraTube: https://bit.ly/2Xp3roy

Apple: https://apple.co/3czMcWN

iHeart: https://ihr.fm/31jq7cI

Castro: https://bit.ly/30DMYza

TuneIn: http://tun.in/pjT2Z

Google: https://bit.ly/3e2Z48M

Spotify: https://spoti.fi/3arP8mY

Breaker: https://bit.ly/2CpHAFO

Castbox: https://bit.ly/3fJR5xQ

Podbean: https://bit.ly/2QpaDgh

Stitcher: https://bit.ly/2C1M1GB

Overcast: https://bit.ly/2YyDsLa

PocketCast: https://pca.st/encarkdt

SoundCloud: https://bit.ly/3l0yFfK

PodcastAddict: https://bit.ly/2V39Xjr

———WHO———
 
 
Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski (is that a ponytail?). Artwork by David Parkins.
 
———WHY———

30.1 Government Furlough Programs & Cash are NOT Stimulus
$1,200 direct cash payments is not stimulus, it is “relief aid”; these are “alms” given to the poor, needy and those harmed by both the virus and the government-mandated shutdowns of the economy. We review the state of the American labor market, European furlough programs, and conclude very difficult days are still ahead.

 

———WHEN———

01:27 What is the United States employment situation?
06:02 The US is setting new records for unemployment despite being months into a ‘recovery’
08:12 European governments furlough programs and American government transfer payments
12:00 In the middle of an economic bust government money is a “stipend” not a “stimulus”
14:41 Labor force participation suffered a serious loss in September. Wait, September?!
21:34 Total hours worked are reporting great losses still as of September.

———WHAT———

What’s Job (cuts) Got To Do With It (everything): https://bit.ly/2SEKCuz
Who’s Negative? The Marginal American Worker: https://bit.ly/2GGYuSS
Alhambra Investments Blog: https://bit.ly/2VIC2wW
RealClear Markets Essays: https://bit.ly/38tL5a7

 

 


Jeffrey P. Snider
As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra’s client base. His company is a global investment adviser, hence potential Swiss clients should not hesitate to contact AIP

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