re: #223 Dr. Matt

I’ve been buried under a rock with work today; WTH happened to the markets again? Did Trump nuke someone?

Basically: unemployment is too low while openings are too high, meaning businesses have to pay new and existing employees more, meaning people are worried that prices will have to go up, meaning inflation. And interest rates on bonds are going up (slightly), so investors are spooked. At least that’s what this analysis says, and it makes sense when you consider the wage stagnation we’ve had despite very low unemployment.