The Jobs Market Is On The Brink

Sculpture, Art, Breadline, Bronze, Depression, 1930

Image Source: Pixabay
 

I said the payroll number is wrong and Jay Powell of all people agrees. But if the real question is how wrong, that's where the debate is even though it should already be settled. There is plenty of evidence the US is tilting in the direction of the HH Survey and unemployment rate. And that includes the rates market which ignored the FOMC's hawkish dots.

Video Length: 00:19:28


More By This Author:

Did Europe Just Cut Rates To Rig The Election (Is The Fed Next?)
This Only Happens When We Are Currently in a Recession
The Job Market Is Starting To Crack
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with