Everyone Is Missing the Real Story

Microsoft announced another round of layoffs. Coming from a company that isn't struggling nearly as much as most, it's an ominous sign. The April CPI shows why and not just for Microsoft. It instead aligns with the biggest problem in the economy, and that's not inflation which was absent from the report despite the start of tariffs. A surprise to Economists, but not to BED. Eurodollar University's Money & Macro AnalysisCNBC Microsoft laying off about 6,000 people, or 3% of its workforcehttps://www.cnbc.com/2025/05/13/microsoft-is-cutting-3percent-of-workers-across-the-software-company.htmlBloomberg Softer-Than-Expected Inflation Points to Muted Tariff Fallouthttps://www.bloomberg.com/news/articles/2025-05-13/us-inflation-comes-in-softer-than-forecast-for-another-monthBLS BED/BDMhttps://www.bls.gov/bdm/bdmover.htmhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU