- U.S. debt is expected to pile on, considering government proposals for increased spending under the infrastructure+ initiative.
- Government data estimate a net increase in low-wage jobs, largely flat trends in high-earning jobs, and a somewhat desultory labour force participation rate.
- Both average personal savings and births per 1,000 show a decline over the past two decades.
- Fed Chairman's comments over inflation and accelerating the end of the asset purchase program are both necessary and concerning due to spillover effects on market valuation.
For further details see:
Roundup: Economic Data Supports Market Overvaluation Theory