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Jacob Watson
Bloomberg Television
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Comments by "Jacob Watson" (@jacobwatson3781) on "Bloomberg Television" channel.
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So, how do stock buybacks help R&D and technology advances?
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Corporate profits high, historical low unemployment, strong labor market, and wages increasing, and people still spending. Explain how that is a recession? Also Explain why major cause of inflation is Corporate profits.
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People have had to have two jobs to make ends meet for decades. One reason for that has been for almost 50 years wages haven't increased or increased with normal inflation.
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I guess you didn't hear what he sad.
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It's a weird time, corporate profits high, unemployment low, wages high, and jobs market is fantastic. While the normal people might say do to most basic guidance of 2 straight quarters of GDP reduction, it's a recession, everything else shows we're not in one.
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@Tonyrg1988 that's my point, there is only 1 indicator saying we might be in a recession but all other indicators say we are not. It doesn't apper we are in a recession if I'm being objective.
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By chance, can you provide the formula you used to calculate hyperinflation? Also what is the range for hyperinflation?
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