Although the talk of a trade war with China is said to have discouraged the market last year, the underlying momentum of the business cycle appears to be driving up the stock market, GDP, and wages. The unemployment rate has fallen to 3.8%, close to historic lows, and an estimated 7 million jobs remain unfilled. During the last few business cycles, it dropped down to 4.4% in 2006, and 3.8% in 2000. Looking back further, the lowest ever recorde....
Tags : trade war, China, Oil producer, Employement rate, Cheap labor,
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