The Euro continues to get utterly obliterated and it seems a foregone conclusion, with jobs surging and the unemployment rate low again, that ZIRP is on its way out.
The jobs report came out this morning, and I am surrounded by a sea of deliciously red digits. The Euro, shown below, continues to get utterly obliterated (cough cough Slope+ readers cough cough) and it seems a foregone conclusion, with jobs surging and the unemployment rate low again, that this little zero interest rate party is only months away from a permanent cessation.
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