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Services-Sector Sees a Plunge in New Orders in December
“Services-sector survey suggests contraction in December and is consistent with weak results from the manufacturing-sector survey. Should these results persist, it would be an ominous sign for the economy.” ~ Robert Hughes
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Labor Market Shows Early Signs of Loosening
“Payrolls rose in December, but the pace appears to be slowing. Mixed signs for the labor market, sustained price pressures, and an aggressive Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes
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Why Don’t You Go Somewhere Else?
“As an entreaty from an employer to a worker, ‘Why don’t you go somewhere else?’ deserves more respect. In many areas of our lives, to exit (to other opportunities) is often a more effective mechanism than to negotiate (talking others into adopting your point of view).” ~ Gary M. Galles
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