Fake Jobs Means a Slower Pace of rate Cuts
This week's episode of Bulls Bears and BS is available now.
The jobs numbers for September came in piping hot. Unfortunately some ~90,000 those 254,000 jobs were created in government spreadsheet, NOT the real economy. This deceit, regardless of its intentions, has resulted in a major shift in expectations of the Fed's future rate cuts.
This week, our host Chief Market Strategist Graham Summers, MBA delves into the implications of this for risk assets. Graham also breaks down the proposed interventions from China, and why we remain risk on albeit less aggressively so.
To access this week's episode of Bulls Bears and BS...
Graham Summers, MBA
Chief Market Strategist
Phoenix Capital Research
Contributor posts published on Zero Hedge do not necessarily represent the views and opinions of Zero Hedge, and are not selected, edited or screened by Zero Hedge editors.
Loading...