BLOOMBERG Bloomberg Real Yield July 13, 2024
Employment growth decelerating. It is consistent with some slowing. The manufacturing slowdown is continuing. But it is happening at a very gradual pace. Pressing on the break. It is not a falling out of bed moment. It is not a flashing red, the economy is falling off a cliff number to me. Not falling off a cliff. Not enough to do anything. The market is priced in for an october rate cut. We have to pencil in a fed rate cut in october. For those looking for a decisive message, a deterministic on...
Source: archive.org