Relentless Hiring In Healthcare & Government Doesn’t Care About Fed’s Interest Rate Hikes | Eric Pachman’s Data-Visualizations On Why Inflation & Hiring Are Sticky

Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.
Follow Eric Pachman on Twitter https://x.com/EricPachman
Follow Bancreek on Twitter https://x.com/bancreek
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
Follow VanEck on Twitter https://twitter.com/vaneck_us
Follow Jack Farley on Twitter https://twitter.com/JackFarley96
Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance
Follow Blockworks on Twitter https://twitter.com/Blockworks_
__
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%
__
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.

Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.

Follow Eric Pachman on Twitter https://x.com/EricPachman

Follow Bancreek on Twitter https://x.com/bancreek

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

Follow VanEck on Twitter https://twitter.com/vaneck_us

Follow Jack Farley on Twitter https://twitter.com/JackFarley96

Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance

Follow Blockworks on Twitter https://twitter.com/Blockworks_

__

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%

__

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.