X22 Report:US Government Has Lost The Narrative Of A Recovered Economy
June employment increased by a huge amount but the unemployment rate increased to 4.9%. Labor participation rate increases, and the number of jobs that are filled are from the 55 and older. The under 55 still cannot find work. Most of the jobs are part-time jobs. Consumer credit jumps on auto loans and student loans. Japanese savers are purchasing gold and storing it in Switzerland. There are major bubbles in almost every economic sector, which are ready to pop.
