Spooky Economy

7 giorni ago - written by
Spooky Economy

Happy Friday the 13th!!

If you live and work in the United States and didn’t get a raise of 2.9% this year, you’re actually making less than you did last year.

The CPI data released yesterday showed a rather nasty increase bringing the rate of inflation to just under 3%.

Inflation rates

Unfortunately for American workers, the average hourly earnings that were published a week ago showed a growth of only 2.7%.

That means that all the increases American’s received in their salaries over the last year have been completely wiped out by inflation.

So, is the US economy really doing great?

eToro, Senior Market Analyst

Today’s Highlights

  • Stocks are Fearless
  • Running out of Gold
  • New Crypto Billionaire

Please note: All data, figures & graphs are valid as of July 13th. All trading carries risk. Only risk capital you can afford to lose.

Traditional Markets

US Treasury Secretary Steven Mnuchin ...


Spooky Economy