Relentless Hiring In Healthcare & Government Doesnt Care About Feds Interest Rate Hikes | Eric Pachmans Data-Visualizations On Why Inflation & Hiring Are Sticky

Published: June 17, 2024, 5:52 p.m.

Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.\nFollow Eric Pachman on Twitter https://x.com/EricPachman\nFollow Bancreek on Twitter https://x.com/bancreek\nBancreek\u2019s CPI tool: https://www.bancreek.com/p/checking-the-tape-may-2024-cpiu\nBancreek\u2019s PCE tool: https://www.bancreek.com/p/april-2024-pce-update\nBancreek\u2019s labor market tree map: https://www.bancreek.com/p/us-employment-data-treemap\nFollow VanEck on Twitter https://twitter.com/vaneck_us\nFollow Jack Farley on Twitter https://twitter.com/JackFarley96\nFollow Forward Guidance on Twitter https://twitter.com/ForwardGuidance\nFollow Blockworks on Twitter https://twitter.com/Blockworks_\n__\nTimestamps:\n(00:00) Introduction\n(00:57) The U.S. Labor Market\n(03:57) Tree Map Of Where New U.S. Jobs Are Being Created (It's A LOT In Healthcare and Government Sector)\n(19:50) VanEck Ad\n(23:17) The Growth In U.S. Government Jobs\n(28:39) U.S. Healthcare Industry Is Incentivized For High Prices And High Job Growth Is A Consequence\n(45:00) Homebuilding, Oil & Gas, and Retail\n(52:11) Inflation Masterclass: Differences Between CPI & PCE\n(01:11:35) Healthcare in PCE & CPI\n(01:28:46) With Housing Inflation Where It Is, It Is Nearly Statistically Impossible For Inflation To Be At Or Below The Fed's Target of 2%\n__\nDisclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.