Good morning / afternoon / evening - please choose whichever one which best describes when ever it may be that YOU are stumbling across this weekends note… First UP, on heels of how well the bond market cooperated with the techAmentals (long bond picture
Thanks for your article...
Saw one graph, that showed a growing majority of the job growth in the
last several months was: Gov't, Healthcare and Social Services......
These sectors having lower Multipliers and less Productivity, I believe...
I'd like to post this from DoubleLine and Jeffrey Gundlach:
https://youtu.be/huyJW2OW-P0?si=0bVN3S1PAlz3fA5L
Yup those job gains do zilch as far as adding Production capacity or Productivity to the economy