October 2024

Normally, I don’t talk Delta (DAL, because it doesn’t interest me), but their earnings touched on several relevant topics as well as a few I’ve commented on in the past. So, I’ll add my two cents. I’ll leave a link to the CNBC interview that references these points: 1) Hurricanes Helene and Milton dampened both…

✔ Headline job creation of 143k beat the 128k estimate. ✔ Wage growth continues to decline: ⬇ Job stayers: 4.7%, compared to 4.7% YoY ⬇ ⬇ Job changers: 6.6%, compared to 7.3% YoY ⬇ In a sentence, the U.S. economy again experienced improved hiring without accelerated wage growth, reinforcing the Fed’s view that the labor…