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Show Notes
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