Buried several layers deep in the data beneath the headline economic numbers is always a story that the mainstream media never tells. The Job Opening and Labor Turnover Survey (JOLTS) is no exception. The media used to ignore the JOLTS. Then they got wind of the fact that it was Janet Yellen's favorite indicator, and since then they've dutifully reported it monthly.
JOLTS - The Untold Story
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.