Forward Guidance

Relentless Hiring In Healthcare & Government Doesn’t Care About Fed’s Interest Rate Hikes | Eric Pachman’s Data-Visualizations On Why Inflation & Hiring Are Sticky


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Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.

Follow Eric Pachman on Twitter https://x.com/EricPachman

Follow Bancreek on Twitter https://x.com/bancreek

Bancreek’s CPI tool: https://www.bancreek.com/p/checking-the-tape-may-2024-cpiu

Bancreek’s PCE tool: https://www.bancreek.com/p/april-2024-pce-update

Bancreek’s labor market tree map: https://www.bancreek.com/p/us-employment-data-treemap

Follow VanEck on Twitter https://twitter.com/vaneck_us

Follow Jack Farley on Twitter https://twitter.com/JackFarley96

Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance

Follow Blockworks on Twitter https://twitter.com/Blockworks_

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Timestamps:

(00:00) Introduction

(00:57) The U.S. Labor Market

(03:57) Tree Map Of Where New U.S. Jobs Are Being Created (It's A LOT In Healthcare and Government Sector)

(19:50) VanEck Ad

(23:17) The Growth In U.S. Government Jobs

(28:39) U.S. Healthcare Industry Is Incentivized For High Prices And High Job Growth Is A Consequence

(45:00) Homebuilding, Oil & Gas, and Retail

(52:11) Inflation Masterclass: Differences Between CPI & PCE

(01:11:35) Healthcare in PCE & CPI

(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%

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Disclaimer: 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.

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