Ahead of tomorrow’s nonfarm payrolls report, labor market proxies have been mixed in June: as Newsquawk notes, initial jobless claims spiked in the comparable survey week, with the four-week moving average higher heading into the […]
It was supposed to be the lowest payrolls report since December 2020 and… it was, but not how the market expected. With consensus expecting a 200K print (and whisper predicting much lower amid the mass […]
We’re gonna need another ‘dovish’ Powell speech to calm this market down. This morning’s hotter than expected payrolls print (and reaccelerating wage growth) is not what the market or The Fed wanted to see to […]
The Bureau of Lies and Statistics has done it again: at a time when the best paying tech companies are mass laying off double-digits of their workforce (just ask Twitter today)… … and even left-leaning, […]
As DB’s Jim Reid writes this morning, “the most unoriginal intro I can use this morning given today’s date is to speculate as to whether the Fed will offers tricks or treats this week.” Indeed […]
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