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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:

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This could easily drive oil up past $200/barrel and trigger a serious recession.

This survey/forecast is higher than precovid. The full employment report comes out Friday:

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

Gross new hires have been trending lower:

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

Corporate profits jumped after the covid dip and have recently flattened:

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

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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