US economy is rigged by the go

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DaftTrader
2021-07-23

US economy is rigged by the government and other institutions. It’s not a free market anymore.

U.S. economy cools a bit after rocketing higher in second quarter, IHS Markit PMI data show

Q2 may be a peak in activity, but third quarter growth should be strong, research firm says. Just l

U.S. economy cools a bit after rocketing higher in second quarter, IHS Markit PMI data show

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Roleodo
·2021-07-24
More Stimulus is comin….
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It’s not a free market anymore.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/174058570","repostId":2153984791,"repostType":4,"repost":{"id":"2153984791","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627050360,"share":"https://www.laohu8.com/m/news/2153984791?lang=&edition=full","pubTime":"2021-07-23 22:26","market":"hk","language":"en","title":"U.S. economy cools a bit after rocketing higher in second quarter, IHS Markit PMI data show","url":"https://stock-news.laohu8.com/highlight/detail?id=2153984791","media":"Dow Jones","summary":"Q2 may be a peak in activity, but third quarter growth should be strong, research firm says.\n\nJust l","content":"<blockquote>\n Q2 may be a peak in activity, but third quarter growth should be strong, research firm says.\n</blockquote>\n<p>Just like Jeff Bezos' 11 minute trip to space earlier this week, the U.S. economy rocketed higher in the second quarter but is now coming back down to earth, according to data from research firm IHS Markit released Friday .</p>\n<p>The research firm IHS Markit said its flash or preliminary composite output index for the U.S. fell to a four-month low of 59.7 in July. 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Business optimism about the year ahead fell to the lowest level seen so far this year.</p>\n<p>Workers were receiving higher pay, firms reported. 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Business optimism about the year ahead fell to the lowest level seen so far this year.</p>\n<p>Workers were receiving higher pay, firms reported. This is important to economists because higher inflation can't be sustained without higher wages.</p>\n<p>Stocks were higher on Friday as the market recovered from a growth scare earlier in the week.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153984791","content_text":"Q2 may be a peak in activity, but third quarter growth should be strong, research firm says.\n\nJust like Jeff Bezos' 11 minute trip to space earlier this week, the U.S. economy rocketed higher in the second quarter but is now coming back down to earth, according to data from research firm IHS Markit released Friday .\nThe research firm IHS Markit said its flash or preliminary composite output index for the U.S. fell to a four-month low of 59.7 in July. That's down from 63.7 in June.\n\"The provisional PMI data for July point to the pace of economic growth slowing for a second successive month, though importantly this cooling has followed anunprecedented growth spurt in May,\" said Chris Williamson, chief business Economist at IHS Markit.\n\"While the second quarter may therefore represent a peaking in the pace of economic growth according to the PMI, the third quarter is still looking encouragingly strong,\" he added.\nIHS Markit said its flash survey of U.S. manufacturers rose slightly to 63.1 in July from 62.1 in the prior month.\nA similar survey of service-oriented companies -- banks, restaurants, retailers and the like -- dipped to a five-month low of 59.8 from 64.6 in June.\nInflation and short-term capacity issues remain major sources of uncertainty among businesses. Business optimism about the year ahead fell to the lowest level seen so far this year.\nWorkers were receiving higher pay, firms reported. 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