RenMac Off-Script: The Fed’s Hall of Mirrors

The RenMac team discusses the latest jobs report and why it might embolden the Fed to go 75bps, whether employment is the best indicator of a potential recession, yield curve peaking, tightening credit conditions, why the inflation rate may be the new Fed put as opposed to the stock market, Scuhmer’s resurrection of Ds’ reconciliation bill, and Biden’s battles with billionaires over his energy and economic policies.