JPM's Feroli Expects Real Wages to Grow Next Year

Michael Feroli, JPMorgan Securities chief U.S. economist, says inflation will continue to be a problem, but the U.S. economy is not “flat on its back.” He’s on “Bloomberg Surveillance.”

Bitcoin current price is $42,510.00 0.41% (24hrs)

Bitcoin is the first decentralized cryptocoin ever built on top of a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software.

The entire cryptocurrency market — now worth more than $300 billion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.

The price of Bitcoin right now is $42,510.00. Its price is ↑ 0.41% up in the last 24 hours.
Current Price All Time High Market Cap
$42,510.00 $69,045.00 $803,853,813,233.00

Bitcoin Price Changes :

Last 24 Hours Last 7 Days Last 30 Days Last 1 Year
↑ 0.41% ↓ -0.62% ↓ -9.18% ↑ 16.16%

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About the Author: Walter Hernandez

11 Comments

  1. PROBABLY SAMSUNG IS THE BEST OPTION TO SOLVE THE PRODUCTIVITY PROBLEM!!!! BEC AUSE IT MANUFACTURES ROBOT + AUTOMATION SYSTEM + SMART FACTORY WITH ITS OWN 5G INTO 6G SOON OF COURSE IT HAS THE MOST ADVANCED TECHNOLOGY OF CHIP DEVELOPING!!!!

  2. AGAIN IT ALL DEPEND ON PRODUCTIVITY THAT ONLY SOLUTION TO SOLVE THE STAGFLATION WITHOUT HIKING FED RATE IS TO INCREASE PRODUCTIVITY OF LABOR FORCE MEANS US MUST HAVE ROBOT + AUTOMATION SYSTEM + SMART FACTORY ETC, SHOULD BE MUCH FASTER THAN NOW!!!!!!

  3. NOW WE WILL SEE CRYPTO COINS FURTHER COLLAPSE AND US BOND YIELD IS NOT GOING UP THAT MUCH BECAUSE FED TAPERING IS NOT GOING FASTER THAN MARKET'S EXPECTATIONS!!!!! DEEPER STAGFLATION IS COMING TO HIT US ECONOMY THAT ONLY SOLUTION TO SOLVE THE STAGFLATION WITHOUT HIKING FED RATE IS TO INCREASE PRODUCTIVITY OF LABOR FORCE MEANS US MUST HAVE ROBOT + AUTOMATION SYSTEM + SMART FACTORY ETC, SHOULD BE MUCH FASTER THAN NOW!!!!!!

  4. DO THE MATH THE US CONSUMPTION OF NOV + DEC WILL BE MUCH LOWER THAN MARKET'S EXPECTATIONS!!!! BECAUSE MOST OF PEPPLE ALREADY BOUGHT MOST OF THEIR NEEDS DUE TO INFLATION!!!!

  5. AGAIN CHINA ECONOMY CANNOT AVOIND ITS NATIONAL DEFAULT ANND SELL OFF CHINA YUAN + H.K$ AND BUY GOLD!!!!! CHINA 4TH Q GDP GROWH WILL BE REALLY LOWER THAN MARKET'S EXPECTATIONS!!!!!!!

  6. AGAIN IT'S TIME TO BUY GOLD NO MATTER WHAT THE US FED DOES FROM HERE IT CANNOT AVOID MARKET'S COLLAPSE UNLESS IMMDIATELY STOPS WHOLE ASSET PURCHASING AND START RATE HIKING BECAUSE THE CURRENT MARKET HAS BEEN TOOOOOOO MUCH SKEWED BY QE(s) + 0% RATE!!!!!

  7. IN ANYWAY THE ACTUAL US FED'S CHAIR IS LAEL BRAINARD AND THE US FED IS GOING MAKE BIGGER POLICY MISTAKE WHICH ALREADY HAS BEEN IN THE MARKET UNDER POWELL'S FED!!!!!:) INDEED MARKET HAS CUTS ALL OVER ITS SECTORS BY THE US FED!!!!:)

  8. VEN IF THE ENERGY PRICE IS NOW GETTING DOWN BY SOME ENTITIES, STILL WE WILL SEE 6%-7% CPI NUBMERS OF NOV + DEC BECAUSE OF SUPPLY CRUNCH + WAGE INFLATION!!!!!! AGAIN US FED MUST STOP ITS 120BILLIONS$ ASSET PURCHASING IMMEDIATELY AND STRAT ITS RATE -HIKING SIMUTANEOUSLY WITH ITS TAPERING!!!!!!!! OR WE WILL SEE MUCH BIGGER STAGFLATION THAN 1970s!!!!!!! AGAIN IT'S TIME TO BUY GOLD!!!!!!!

  9. AGAIN THE IMBALANCE BETWEEN US ECONOMY'S PPI VS CPI VS WAGE GROWTH ARE GETTING WIDER AND ACCUMULATED FURTHER AND FURTHER EVEN IF THE ENERGY PRICE IS GETTING DOWN FROM 80$ BB/L BECAUSE US FED'S ACTION HAS BEEN TOOOOOOOO LATE TO PREVENT THOSE IMBALANCE POINTS FROM ITS POLICY MISTAKES = HOLDING TOOOOOOO LONG 0% RATE AND TOOOOOOOOO PROTRACTED TAPERING!!!!!!!!

  10. THE REAL PROBLEM OF US ECONOMY IS CONTINUING WAGE GROWTH NOW AND IT WILL BE CONTINUED IN 2022 . IN OTHER WORDS SME OWNERS AND BIG COMPANIES NEED MORE MONEY TO MEET WITH WAGE -HIKING. HOWEVER PRODUCTIVITY OF THEIR EMPLOYEES CANNOT BE IMPROVED FAST ENOUGH MEANS THE BUSINESS OWNERS ARE MAKING A HUGE LOSS FURTHER AND FURTHER! IN THAT SITUATION, DOES THE US FED ENABLE TO HOLD LOW YIELD OF US TREASURY AND ITS 0% STANDARD RATE?! NO WAY!!!!!!

  11. THE ONLY WAY TO GET REAL YIELDS ESP 5YR + 10 YR OUT OF WHERE THEY ARE IN IS TO HAVE A LOW ENERGY PRICE!!!! AND I KNOW THAT SOME ENTITIES ARE PULLING DOWN THE PRICE MEANS THE ENTITIES ARE TRYING TO HOLDING THE CASH OR BUYING US BONDS AND OTHER COUNTRIES E BONDS SP ASIAN REGIONS!!!! HOWEVER THE INFLATION PRESSURE WILL BE MORE AND MORE MOUNTING BECAUSE THE DOWNWARD OIL PRICE IS LITERALLY 'TRANSITORY' UNLESS THE US FED LET THE US 10YR YIELD GOES MUCH HIGHER THAN WHERE IT IS NOW = 1.65% !!!!!!!!!!

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