NFP Strong beat But does it matter
This is the type of employment data the Fed was looking when they met 2 days ago
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This is the type of employment data the Fed was looking when they met 2 days ago
NFP Recap Big miss but was it really that bad
The title of this blog is, without a doubt, what investors are quite eager to find out. Two weeks ago the markets received the July data for both the...
Increase In Core Inflation Won't Be Transitory Bad Timing For decades the Federal Reserve anticipated inflation whenever the Unemployment Rate fell to a low level. In 9 of the last 10 recessions since 1954 the Fed hiked the federal funds rate over a period of time until they went too far. The Unemployment Rate subsequently jumped as the economy entered a recession causing the Fed to slash the federal funds rate. This pattern is consistent especially with benefit of hindsight. The one exception was in 1990 when Saddam Hussein invaded Kuwait causing oil prices to spike and a brief war. Please...
Today’s print of +559,000 may have disappointed those hoping for an early taper