by Kurt Kallaus
Financial Sense
Millennials are not lazy, but actually represent a very innovative and connected cloud-oriented phase of our new world order. According to the data they are needed in our thinly skilled labor pool, but more and more they have chosen to swim elsewhere. Unemployment has fallen to just 4.7% and our Central Bankers perceive inflation inducing full employment is at our doorstep. The Federal Reserve is very anxious to force interest rates higher and apply the brakes to our anemic but somehow overheating economy. However, free market interest rates are falling due to concern about a stalling economy. Central Banks from other countries are still pumping currency into space, but our supreme Fed is ignoring the marketplace consensus.