while WE slept: bonds are lower (PMIs); Happy BDAY Long Bonds! -818k = Benchmark revisions recaps, victory laps (& 'official' lack of response); 'bond mkt best economist on the planet' -Goncalves
while WE slept: bonds are lower (PMIs); Happy BDAY Long Bonds! -818k = Benchmark revisions recaps, victory laps (& 'official' lack of response); 'bond mkt best economist on the planet' -Goncalves
Fantastic work !!!
The ZH article is Spot On....the thieves and liars, that currently run our Gov't have been shown
to be the most Incompetent and Deceitful, in our history...
We must put more focus on the HouseHold Survey, it's less subject to manipulation and closer to
the truth....
I too waited for the Revision Data....just incredible Hubris and Incompetence by the BLS and
Commerce Dept.....
These Revisions and the Fed Minutes appear to make a Sept Rate Cut, a "Slam Dunk"....
Not sure how many more cuts will follow ??
(Neither is Fed — sure of what follows … :))