Friday, April 5, 2024

NFP 303K supports higher for longer ...

 market is now pricing for 2 rate cuts this year ... from 6 Q4 LY to 4 to 2 ... & its only April ..!

why do people predict things and proven wrong, again and again !

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 ...