Forgive my ignorance,I am new in macro economics and security analysis- just one cycle in lol. My observation on yesterdays data was there was a strong bench mark revision by quite a bigger margin and it ended up confirming the US just created on average 15,000 jobs per month,this was was an indication of a structural shift in the labor market towards deceleration and it was not as strong as people had thought,as much there was job growth,there was an underlying weakness in the labor market,so the investors did not really position themselves as a strong repricing and that is why there was such a reaction.
Forgive my ignorance,I am new in macro economics and security analysis- just one cycle in lol. My observation on yesterdays data was there was a strong bench mark revision by quite a bigger margin and it ended up confirming the US just created on average 15,000 jobs per month,this was was an indication of a structural shift in the labor market towards deceleration and it was not as strong as people had thought,as much there was job growth,there was an underlying weakness in the labor market,so the investors did not really position themselves as a strong repricing and that is why there was such a reaction.
Agreed
Does the professional class think under Trump they're cooking the books? Is this lack of faith in US reporting now?
Relatedly are you expecting higher inflation in 2026?
Thanks for your insight. But i can't find the rational the correlation has changed.