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Stamau123@lemmy.world to Not The Onion@lemmy.worldEnglish · 1 day ago

Stocks slip as Wall Street questions whether the US job market has slowed by enough or too much

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Stocks slip as Wall Street questions whether the US job market has slowed by enough or too much

apnews.com

Stamau123@lemmy.world to Not The Onion@lemmy.worldEnglish · 1 day ago
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Stocks wobble as Wall Street wrangles with whether the job market is too weak
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U.S. stocks wobbled lower as Wall Street questioned whether the U.S. job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be on the way.
  • Stamau123@lemmy.worldOP
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    7 hours ago

    https://en.wikipedia.org/wiki/Steady-state_economy

    https://en.wikipedia.org/wiki/New_neoclassical_synthesis

    The use of efficient output recognizes that potential output does not grow continuously, but can move upward or downward in response to shocks

    https://en.wikipedia.org/wiki/Ecological_economics

    Degrowth addresses both biophysical limits and global inequality while rejecting neoliberal economics. Degrowth prioritizes grassroots initiatives in progressive socio-ecological goals, adhering to ecological limits by shrinking the human ecological footprint (See Differences from Mainstream Economics Below). It involves an equitable downscale in both production and consumption of resources in order to adhere to biophysical limits.

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