Market-Technicals

Financial Market Analysis

By Shawn R. Carpenter

Friday, July 07, 2006
  Stagflation possibly contained?
Take a good look at the economic numbers this morning and you'll see that one number has beat all the rest. The average earnings for workers in June rose .5%, a big jump from the expected .3% and even higher jump from the previous .1% in May. The market might be concerned with the Non-Farm payroll numbers (which is still higher than its previous reading), the earnings number is more important in that it might be a signal that stagflation is contained. While inflation issue still remains an issue, it is interesting to see that workers are being paid more to handle recent inflationary factors that are evident in the current economic situation our country faces.
 
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Market-Technicals is a Financial Market Trend and Research blog. Mainly utilizing technical analysis, the research composed is designed to capture market timing techniques, understanding how economic and political forces shape the market, and give speculation as to where the financial market is headed. Encompasing equities, index, sector, ETFs, commodities, and bonds; the expectations are to shed some light as to what "smart money" is thinking.
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