EPISODE · Dec 10, 2023 · 18 MIN
BREAKING Payroll Report Goes Viral
from Eurodollar University · host Jeff Snider
November payrolls beat expectations yet again as the cycle stretches farther. Even so, the labor market is exhibiting telltale signs of recession anyway - not that it will matter to the soft landing narrative. Industries accounting for half of all private US jobs are cutting them. Contraction is widespread already, just not widespread enough to be accepted more broadly. The way things are going, and the way markets are pricing, still just a matter of time.Eurodollar University's Money & Macro AnalysisTwitter: https://twitter.com/JeffSnider_EDUhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #stocks #retirement
What this episode covers
November payrolls beat expectations yet again as the cycle stretches farther. Even so, the labor market is exhibiting telltale signs of recession anyway - not that it will matter to the soft landing narrative. Industries accounting for half of all private US jobs are cutting them. Contraction is widespread already, just not widespread enough to be accepted more broadly. The way things are going, and the way markets are pricing, still just a matter of time.Eurodollar University's Money & Macro AnalysisTwitter: https://twitter.com/JeffSnider_EDUhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #stocks #retirement
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BREAKING Payroll Report Goes Viral
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