Watch Federal Reserve Chair Jerome Powell @ Wall Street Journal Jobs Summit

Federal Reserve Chair Jerome Powell discussed the inching upwards of bond rates and how they impact borrowing costs for everyday business transactions. He hopes that inflation stays under 2% and indicates that the Fed has the ability to manage that rate properly. No one should expect that interest rates should stay the same forever (You might consider running out and pay off your credit cards!) so volatile markets should be short lived. Market nymphs dance as investors grip their coffee cups thinking about inflation and adjust their portfolios to prepare for the show. 

1. The 10-year US government bond yield was up 0.07% to 1.54%

2. The Dow (INDU) finished down 1.1% and the S&P 500 (SPX) closed 1.3% lower.

Unemployment should decline as the economy opens and recovers. While its not being said specifically in this video, we should consider how pro investment and manufacturing policies could have a big impact on labor hiring. Changes in manufacturing ripple the labor market as workers are retrained/tooled to compete in emerging digital economy jobs (While this might seem like a medium and long term strategy, planted seeds could bud quickly with the right manure⚘/clusters🙆.)

A lot is going on in the market right now so I scratch my head a little thinking about application. I have two questions as they would impact a theoretical concept called perpetual sustainable development:

1.) As nations seek to reopen and begin to loosen up restrictions on travel, trade, and government projects is it possible for the U.S. to be the main provider for a flux demand for supplies, equipment and digital expertise? 

2.) Could proactively sending governments /businesses a coordinated list (searchable web directory of U.S. manufacturers/suppliers) of American products/services make an impact on speeding up U.S. manufacturing recovery/development? (That assumes they are going to increase spending and B2B activities.)

These are just two unvetted ideas that don't take into account the ability, time, and desire to create an American/U.S. manufacturing/supplier list and/or have the mechanisms in place to coordinate massive marketing efforts (Working on a bigger theory on Transactional Clusters HERE). If government isn't interested in such concepts perhaps industry might want to consider their own. Switching international business consumers immediate word association from China-Manufacturing to American-Manufacturing is going to take a little more coordinated effort among stakeholders.