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I recently watched "Essential -- A Documentary about America's Working Class and the Challenge of Income Inequality," which you can find here: https://www.youtube.com/watch?v=w1eZd2hjxVs. The film explores unions, income inequality, the declaration of "non-essential" during the pandemic, etc.
Key topics:
✔️At 8:54 we learn that the American economy has transitioned from 70-80% production work to 70-80% service work.
✔️Low wage jobs = survival public benefits. But hey, as long as the corporations can make out like bandits, what else matters? 😒
✔️The juxtaposition between the middle class life of yesteryear with the gold watch and the pension versus working poverty and no pension.
✔️Neocon narrative: "everyone is lazy and wants stimmy checks." Neolib narrative: "the government will figure this out and save us." IMO, both are incorrect.
Links:
https://www.youtube.com/watch?v=w1eZd2hjxVs
https://www.techrepublic.com/article/the-pandemic-created-a-perceived-new-class-division-the-laptop-class-vs-everyone-else/
Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/
Key topics:
✔️ ICYMI news, 6/5-6/9.
✔️This recession is like Brigadoon - it will one day simply rise from the mist as if from a mystical land. 😆
✔️It's easy to say, "I'll quit and go elsewhere" when you're employed. But if you get out on this job market with no prospects, you may find out you've bitten off more than you can chew.
✔️The cronies scratch each other's backs and take care of each other, not us.
Links:
https://finance.yahoo.com/news/the-earnings-recession-is-coming-and-stocks-arent-ready-for-it-morgan-stanley-170622490.html
https://finance.yahoo.com/news/wall-street-trader-made-7-041821572.html
https://finance.yahoo.com/news/bill-ackman-wants-jamie-dimon-173000287.html
https://www.linkedin.com/news/story/more-doctors-embrace-gig-work-5655532/
https://finance.yahoo.com/news/dave-ramsey-faces-150m-suit-190820460.html
https://www.thedailybeast.com/farmers-group-ceo-faces-workers-fury-after-reversing-remote-work-policy
https://causeyconsultingllc.com/2023/06/07/you-believed-a-lie/
https://washington-mail.com/a-great-backlash/
https://www.linkedin.com/news/story/remote-work-reversal-sparks-anger-5306217/
https://finance.yahoo.com/news/billionaire-investor-stanley-druckenmiller-warns-200255702.html
https://www.linkedin.com/news/story/google-doubles-down-on-rto-5314433/
https://www.linkedin.com/news/story/la-times-cuts-13-of-newsroom-6324122/
https://www.linkedin.com/news/story/lululemon-takes-heat-for-firings-5313793/
https://www.cnbc.com/2023/06/09/what-the-federal-reserves-expected-interest-rate-pause-means-for-you.html
https://www.cnbc.com/2023/06/09/irs-cracks-down-on-small-business-tax-break-that-could-lead-to-audit.html
https://finance.yahoo.com/news/wall-street-economists-are-increasingly-less-worried-about-a-2023-recession-093041009.html
https://finance.yahoo.com/news/stocks-waver-after-sp-500-enters-bull-market-stock-market-news-today-133419898.html
https://www.linkedin.com/news/story/jobless-claims-up-most-since-21-5306257/
Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/
"I'm breakin' rocks in the hot sun / I fought the law and the law won..."
- "I Fought The Law"
Over the weekend, I watched Oliver Stone's JFK. I'll probably always have nightmares about the physical appearances of Joe Pesci and Tommy Lee Jones, but it certainly drives home an important point: you're not gonna beat the system. You can LARP and play games if you want to, but when it all boils down, you're not gonna beat the system.
Links:
https://causeyconsultingllc.com/2023/05/24/a-cautionary-tale/
https://en.wikipedia.org/wiki/JFK_(film)
https://www.politico.com/news/magazine/2020/01/12/fbi-satan-mobplot-kill-ted-kennedy-097180
https://vault.fbi.gov/anton-lavey-part-01-of-01/anton-lavey-part-01-of-01
https://en.wikipedia.org/wiki/Executive_Order_11110
https://www.linkedin.com/news/story/battle-of-wills-over-rto-5301905/
https://www.yahoo.com/lifestyle/everyone-wrong-future-remote-141709381.html
Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/
Key topics:
✔️ ICYMI news, 5/22 - 5/26.
✔️Lord Elon's brain chip has been approved by the FDA. What a surprise! 😒
✔️"Entering a brutal era for housing." Yeah and a brutal era for the job market, too. That's what happens with bubbles - they pop.
✔️If it boils down to the needs of John & Jane Q. Public or the wants of Corpo America, Corpo America is gonna win.
Links:
https://finance.yahoo.com/news/more-americans-are-feeling-lousy-about-their-finances-fed-study-finds-143121337.html
https://www.businessinsider.com/ai-chatgpt-hiring-ghost-interviews-job-search-weird-labor-market-2023-5
https://finance.yahoo.com/news/itll-cost-us-system-know-192430167.html
https://en.wikipedia.org/wiki/Cloward%E2%80%93Piven_strategy
https://finance.yahoo.com/news/were-entering-brutal-era-housing-180200646.html
https://www.linkedin.com/news/story/neuralink-cleared-for-human-trials-5649044/
Housekeeping note: the podcast will be on hiatus next week. New episodes will resume the week of June 5th. Please have a safe Memorial Day weekend.
Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/
I've been reporting that I think we've moved from the Opening Prologue of this mess into Act 1. These "early" warnings about a recession causing millions of jobs to vanish and how white collar workers will be hit the hardest may be the only warnings you get from MSM sources.
By the time we reach Act 2, it may be too late to adequately prepare. Do you have an RTO Survival Plan? Do you have a Job Loss Survival Plan? If not, what are you waiting for?
Links:
https://www.linkedin.com/news/story/recession-may-put-1m-jobs-at-risk-5297681/
https://www.bloomberg.com/news/articles/2023-05-19/even-a-mild-us-recession-comes-with-steep-price-in-lost-jobs
https://www.linkedin.com/news/story/white-collar-jobs-now-more-elusive-6309418/
https://www.cbsnews.com/news/fed-interest-rate-hikes-unemployment-increase-layoffs-inflation/
Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/
Siren courtesy of Pixabay.
Key topics:
✔️ ICYMI news, 5/15 - 5/19.
✔️The amount of conflicting news we get is just absurd.
✔️If you like WFH, Lord Elon thinks you're a moral reprobate.
✔️Recession forecasts are hazy? WTH? Is this a recession forecast for Mars or what?
Links:
https://www.linkedin.com/news/story/entering-the-era-of-the-big-stay-6294042/
https://www.linkedin.com/news/story/the-rto-debate-is-far-from-over-6300330/
https://www.linkedin.com/news/story/vice-media-files-for-bankruptcy-5637756/
https://www.linkedin.com/news/story/high-costs-weighing-on-consumers-6301714/
https://www.linkedin.com/news/story/americans-snacking-appetite-grows-6291946/
https://www.cnbc.com/2023/05/16/what-home-depots-poor-outlook-means-for-the-stock-market-and-economy.html
https://www.cnbc.com/2023/05/16/homebuilder-sentiment-may-2023.html
https://finance.yahoo.com/m/26729bd1-a9d1-363a-bd06-b280c0141115/%E2%80%98wall-street-is-bracing-for.html
https://www.cnbc.com/2023/05/16/elon-musk-work-from-home-morally-wrong-when-some-have-to-show-up.html
https://bilderbergmeetings.org/
https://www.linkedin.com/news/story/recession-forecasts-remain-hazy-5292761/
https://www.linkedin.com/news/story/jobless-claims-drop-most-in-2-years-5288577/
https://www.linkedin.com/news/story/audio-exposes-free-range-fib-6299650/
https://finance.yahoo.com/news/walmart-calls-grocery-inflation-the-biggest-issue-facing-consumers-160745354.html
https://news24hours.in/2023/05/16/sara-causeys-search-for-job-market-truth/
Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/
Key topics:
✔️ ICYMI news, 5/8 - 5/12.
✔️Are wealthy Americans hit harder or are they pulling back precisely because they don't want to go broke in the middle of this mess?
✔️Profiteering from bank failures?! Say it ain't so. 😒
✔️The fat cats will also find a way to profit from this debt default mess. Whether The Fed turns on its fiat currency printing press yet again or we're allowed to default (which I doubt), someone at the top will make a boatload of money from it. 'Twas ever thus.
Links:
https://www.cdc.gov/disasters/extremeheat/warning.html
https://www.linkedin.com/pulse/slack-coming-back-labor-market-other-happenings-world-taylor-borden/
https://finance.yahoo.com/news/wealthy-americans-are-getting-hit-hardest-by-the-economy-slowing-down-160522161.html
https://finance.yahoo.com/news/the-lender-that-made-nearly-10-billion-from-silicon-valley-banks-failure-170338489.html
https://finance.yahoo.com/news/americans-are-worried-about-the-economy-that-could-make-a-debt-default-even-worse-181551172.html
https://finance.yahoo.com/news/prime-age-workers-are-flooding-back-into-the-workforce-older-workers-are-staying-home-131339316.html
https://finance.yahoo.com/news/us-america-nation-caregivers-expert-131304883.html
Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/
Hopefully, none of this is a surprise to you. If it is, I imagine it's like being tossed out of a warm bed into a bathtub of ice water.
Key topics:
✔️ By the time someone on an MSM outlet is "allowed" to publish anything bordering on truth, it's too damn late. Sorry. 🤷🏻♀️
✔️The key is to recognize the market changes quickly and remain nimble.
✔️ It's not pleasant to acknowledge that a boom cycle is finished, but failing to do so puts you at risk.
Links:
https://www.theguardian.com/business/2023/may/07/employees-employers-upper-hand-small-business
https://causeyconsultingllc.com/2023/05/10/hopefully-you-saw-this-coming/
https://thejobmarketjournal.com/
Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/
Key topics:
✔️ ICYMI news, 5/1 - 5/5.
✔️"The worst of the banking situation is over." Two days later: oops, ha ha.
✔️ Somehow, in the face of so many layoffs, budget cuts, and hiring freezes, we now have an even lower unemployment rate. What an absurd bunch of utter nonsense.
✔️ C*v!d is over. And I guess in no way is that related to RTO, mayors asking you to crosspollinate downtown, rideshare companies wanting you carpooling again, etc. Totally a coincidence! 😉
Links:
https://www.cnbc.com/2023/05/01/jamie-dimon-jpmorgan-first-republic.html
https://www.linkedin.com/news/story/a-quarter-of-jobs-set-to-change-wef-5620204/
https://www.weforum.org/events/the-growth-summit-jobs-and-opportunity-for-all-2023
https://www.weforum.org/reports/the-future-of-jobs-report-2023/
https://www.cnbc.com/2023/05/02/jolts-march-2023-.html
https://finance.yahoo.com/news/half-america-banks-already-insolvent-133000968.html
https://www.linkedin.com/news/story/morgan-stanley-eyes-another-3k-cuts-5625932/
https://www.cnbc.com/2023/05/03/jenny-craig-tells-employees-it-will-shut-its-doors.html
https://www.linkedin.com/news/story/uber-wants-you-to-share-rides-again-5622332/
https://www.cnbc.com/2023/05/03/deposition-of-jpmorgan-ceo-dimon-in-jeffrey-epstein-lawsuit-set-for-late-may-sources-say.html
https://finance.yahoo.com/news/close-190-banks-could-face-163717073.html
https://www.cnbc.com/2023/05/05/jobs-report-april-2023-job-growth-totals-25300-in-april.html
https://www.cnbc.com/2023/05/05/biden-say-goodbye-to-job-growth-if-debt-ceiling-isnt-lifted.html
https://www.youtube.com/watch?v=EIcnCaVsYFI
Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/
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