Wednesday, August 4, 2021

ADP 330K ...

reflecting normal growth, not extra ordinary ..!

TNX dropping to 1.13

but ISM-SVCS came as 64, which reversed TNX to 1.17

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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 ....