Market in Review 1/5/2024
MARKET REPORT Review: – NFP: – Exp +170 ‘actual’ 216K, above all but 2 estimates and the highest in 4 months, severely reducing the case for March rate cut – Rate Exp 3.7% Act 3.7% – Hourly earnings Exp 3.9% Act 4.1% – October revised down 45K from 150K to 105K – November revised down […]
Market in Review 12/15/2023
MARKET REPORT Review: – Fed Speakers Reverse Powell – NY Fed’s Wiliams “We aren’t really talking about rate cuts right now” – Powell DEC13th “cuts are something “that begins to come into view, and is clearly a topic of discussion out in the world and also a discussion for us at our meeting today.” – […]
