New Data Shows the ENTIRE Service Economy Is Facing Colla...

What this episode covers

New information from various sources all around the US service sector shows a downturn taking hold in that segment with employment signals turning more and more negative. It confirms the ongoing and more decisive bull steepening continuing to take shape in the Treasury market. Even mainstream sources are having to cover the fact there is something big happening when you can see it in services.Eurodollar University's Money & Macro AnalysisCNN A key part of America’s economy has shifted into reversehttps://www.cnn.com/2024/07/07/economy/stocks-week-ahead-services-sector-slow-restaurants-stores/index.htmlFRB Philadelphia August 2024 Nonmanufacturing Business Outlook Surveyhttps://www.philadelphiafed.org/surveys-and-data/regional-economic-analysis/nbos-2024-08Fifth District Survey of Service Sector Activityhttps://www.richmondfed.org/region_communities/regional_data_analysis/surveys/service_sectorTexas Service Sector Outlook Surveyhttps://www.dallasfed.org/research/surveys/tssos/2024/2408https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

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This episode is 17 minutes long.

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This episode was published on August 30, 2024.

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New information from various sources all around the US service sector shows a downturn taking hold in that segment with employment signals turning more and more negative. It confirms the ongoing and more decisive bull steepening continuing to take...

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