yeah LOL, otherwise I thought the total number would be
higher but I think those total numbers could be a high water mark
and future reports will be lower as the economy is clearly slowing,
and the yield curve continues to tighten. Also, the initial
reaction off the numbers causes a little pop in futures but will
the market start to consider the numbers as a negative because it
gives the FED more ammo to raise 50 bps over 25, futures have
pulled back from the initial reaction. The FED has a very
tough job, boxed themselves into a corner as usual with past
history - but this is the worst position they've been in
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yeah LOL, otherwise I thought
USA Nonfarm Payrolls for Feb 678.000 thousand vs 400.000 thousand ...
Posted by matt on 4th of Mar 2022 at 08:45 am
yeah LOL, otherwise I thought the total number would be higher but I think those total numbers could be a high water mark and future reports will be lower as the economy is clearly slowing, and the yield curve continues to tighten. Also, the initial reaction off the numbers causes a little pop in futures but will the market start to consider the numbers as a negative because it gives the FED more ammo to raise 50 bps over 25, futures have pulled back from the initial reaction. The FED has a very tough job, boxed themselves into a corner as usual with past history - but this is the worst position they've been in