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The Jobs Market is on the Brink

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Manage episode 423547041 series 2679639
Content provided by Jeff Snider. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Snider or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Eurodollar University's Anniversary Webinar: The Fundamentals of Interest Rates over the Next 12 months.
Sign up below:
https://event.webinarjam.com/channel/rates

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.

Eurodollar University's Money & Macro Analysis

Jay Powell's Press Conference
https://www.youtube.com/watch?v=q3ZE5tF_IMU

CNBC Quotes from Jay Powell Press Conference
https://www.cnbc.com/2024/06/12/fed-meeting-today-live-updates-on-june-fed-rate-decision.html

Politico Biden’s economy: Good metrics, bad vibes, few levers
https://www.politico.com/news/2024/06/07/biden-has-an-economic-story-to-tell-and-yet-00162338

Guardian Majority of Americans wrongly believe US is in recession – and most blame Biden
https://www.theguardian.com/us-news/article/2024/may/22/poll-economy-recession-biden

BLS Business Employment Dynamics Summary
https://www.bls.gov/news.release/cewbd.nr0.htm

Table 4'
https://www.bls.gov/news.release/cewbd.t04.htm

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

  continue reading

919 episodes

Artwork

The Jobs Market is on the Brink

Eurodollar University

232 subscribers

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iconShare
 
Manage episode 423547041 series 2679639
Content provided by Jeff Snider. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Snider or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Eurodollar University's Anniversary Webinar: The Fundamentals of Interest Rates over the Next 12 months.
Sign up below:
https://event.webinarjam.com/channel/rates

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.

Eurodollar University's Money & Macro Analysis

Jay Powell's Press Conference
https://www.youtube.com/watch?v=q3ZE5tF_IMU

CNBC Quotes from Jay Powell Press Conference
https://www.cnbc.com/2024/06/12/fed-meeting-today-live-updates-on-june-fed-rate-decision.html

Politico Biden’s economy: Good metrics, bad vibes, few levers
https://www.politico.com/news/2024/06/07/biden-has-an-economic-story-to-tell-and-yet-00162338

Guardian Majority of Americans wrongly believe US is in recession – and most blame Biden
https://www.theguardian.com/us-news/article/2024/may/22/poll-economy-recession-biden

BLS Business Employment Dynamics Summary
https://www.bls.gov/news.release/cewbd.nr0.htm

Table 4'
https://www.bls.gov/news.release/cewbd.t04.htm

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

  continue reading

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