Thursday, July 2, 2020

strong june NFP report ...

4.8M jobs added ..

market jumped initially, but both teenies and market gave up by EOD sensing too much optimism, as 3150 seems hard for market to cross.
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Warsh created a great first impression [on me] ..!

Kudos to him and a great start on the new job .. with the shortest statement possible.. and giving up on providing forward guidance .. direc...

  • you don't need to be a PhD in economics ...
    to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ....
  • CPI came benign ...
    either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being l...
  • Too late .. Fed chairman ...
    his argument is that the forecasters are modelling based on projected tariff as called by Trump ... & if you are using the numbers used ...