sellside observations; the hobbit 'Throws Biden Under The Bus...' and an economic calendar or two ...
thebondbeat.substack.com
Good afternoon. Rafa does it again and in another convincing fashion. NFP, too, confounding the CONsensus (as is normally the case) and ONE way in which to view the data, offered by @MacroMarketsDaily, Forget the jobs number, the most important figure from non-farm payrolls is the modest 0.3% m/m rise in earnings. The 3m-3m annualized measure fell to a 12-month low of little more than 4%, down by 2%-points in six months, which will provide some relief to the Fed
sellside observations; the hobbit 'Throws Biden Under The Bus...' and an economic calendar or two ...
sellside observations; the hobbit 'Throws…
sellside observations; the hobbit 'Throws Biden Under The Bus...' and an economic calendar or two ...
Good afternoon. Rafa does it again and in another convincing fashion. NFP, too, confounding the CONsensus (as is normally the case) and ONE way in which to view the data, offered by @MacroMarketsDaily, Forget the jobs number, the most important figure from non-farm payrolls is the modest 0.3% m/m rise in earnings. The 3m-3m annualized measure fell to a 12-month low of little more than 4%, down by 2%-points in six months, which will provide some relief to the Fed