The Big Miss Macro Tides Weekly Technical Review 10 May 2021 From Jay Powell's perspective it didn't matter if 1,000,000 jobs were created in April or the 266,000 that were added according to the Labor Department. Jay and the FOMC are committed to waiting for the unemployment rate to fall significantly and for core inflation to rise above 2.0%. Please share this article - Go to very top of page, right hand side, for social media buttons. I did an interview with Blake Morrow from FORX Analytix on Friday and discussed the employment report and the Fed's potential reaction: For decades the FOMC...