Saudi price hike, private payrolls, new hires, corporate profits

Summary:
This could easily drive oil up past 0/barrel and trigger a serious recession. This survey/forecast is higher than precovid. The full employment report comes out Friday: Gross new hires have been trending lower: Corporate profits jumped after the covid dip and have recently flattened:

Topics:
WARREN MOSLER considers the following as important: Economic Releases, Oil

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