- Private payroll rose 239k in Oct, wage increased 7.7% YOY per ADP. Data matched well with 261k new nonfarm payroll and unemployment rate of 3.7% by Labor Dept.就业市场还是坚挺.
- JP Morgan strategist believes the aggressive rate hike cycle by global Central Banks will end by early 2023
- Legendary investor Jeremy Grantham warned investors for more pain and asset price to tumble, holding cash is a good option.
- SmartAsset analysis showed Austin the top spot for netting the most millennials relo to city in 2021, followed by Denver, Dallas, Raleigh and Jacksonville.
- Blackrock’s CIO Rieder says bond yield have not peaked and Fed has to remain aggressive.
- Stanford Prof Bloom’s study find employees with hybrid work model are happier and 8% more productive than full time in office. But there are also other reports ie Washington Post story of sharp decline in productivity for the last 48 years, 不同报道结果是矛盾的，但从新冠疫情在家孩子们成绩大幅下跌📉，个人感觉对于员工特别是年轻员工，WFH弊大于利，但hybrid model of 2-3days/week seems to be acceptable for both sides.
11/9 房市每日焦点
Posted 2年 ago / Uncategorized
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