The Daily Chase: Inflation eats away at retirement plans; Workers demand more pay

A “perfect storm” is brewing for retirement security in this country as inflation runs wild, according to a survey.

MARKET WATCH

Global equity markets are mixed this morning and U.S. futures are pointing to a higher open, at least for now. Same old themes dominating everyone’s attention. And recession fears are evident when we look at base metals that are major economic indicators; notably, the price of copper on the London Metal Exchange fell today to the lowest level since February 2021. U.S. Federal Reserve Chair Jerome Powell has another round of testimony this morning that has the potential to flip sentiment in an instant. 

INFLATION FUELS LABOUR STRIFE