Is it bad or good to have strong job market? AAEA has discussed that one of the factors that makes Uncle Sam has a strong job market is because of the positive effects of the global supply chain shifts. The results of these changes are pretty obvious. While the US job market is getting stronger, the contrast is happening in the second largest economy. Not surprisingly, when this starts happening, things are also quieter in the strait of Taiwan. There is a real connection between the geopolitics and the way the DOW behaves. War in Europe is getting closer to an end–especially after the recent insurrection. Unless the loser goes nuke. This affects the second largest economy country to think hard of the consequences to further harass the countries in the strait of Taiwan, and other bordering Asian countries. As the Treasury Secretary is making the trips, it is pretty obvious that playing hard is not a winning strategy for anyone.

Now, will a strong job market poses negative affects to the US? The answer is not at all. The multiplier effects will bring more positive energies into Uncle Sam’s economy. The Fed can raise the interest rate to whatever its little economic simulation model results show, yet the show must go on. What matters is how the society–folks in America perceive and benefit from the stronger job market. If one has a job, she or he is able to pay all the bills. For working class folks–that what matters most.