A higher-than-expected increase in the unemployment rate caused significant panic last week. However, data from the Institute for Supply Management indicated that the services sector expanded in July, while the commerce department data showed initial jobless claims fell.
The stock market also made a modest recovery, partially erasing some of the week’s losses, and Treasury yields rebounded slightly.
While there are numerous indicators suggesting that recession fears may have been exaggerated, this week’s retail sales data will be crucial in alleviating investors’ concerns that a slowdown in consumer spending could drag down economic growth.
Private consumption has been the driving force behind the continued growth of the U.S. economy. Despite some easing in the second quarter, final sales to private domestic consumers grew by a solid 5.1%, down from an even stronger 5.6% in the first quarter. So far, lower inflation has provided a tailwind for household budgets. As inflation eased, real wages increased, delinquencies fell, and bank lending improved – resulting in more favorable conditions for consumers. […]
– Read More: headlineusa.com
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.
