BLOOMBERG Bloomberg Real Yield July 13, 2024
The jobs number did not disappoint. Pretty impressive. We not only had a stronger report but we had a revision higher for the prior number. Dont write off the economy just yet. It has a lot of fundamental strength. The u. S. Economy is very resilient. They are a lot stronger than people think. The fed is in a good spot with what they have done and where the data is. I dont think the fed does anything differently other than pat themselves on the back. A pat on the back for chair powell. This is a pictureperfect soft landing is what they are track for. Jonathan joining me around the table in new...