Job market is strong, wage growth accelerates (though only s...
Job market is strong, wage growth accelerates (though only slightly), rates are up, Fed rate cut odds in March are dropping, excess dovishness is getting a reality check. Definitely ending the week red.
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Revelation 6 : Jacob, oops , I mean Jack I agree with the need to tread lightly on the rate cuts. It think it’s a little early to claim victory over inflation and even if we put inflation in check we still have the deal with record high food, fuel and housing costs that are always fluctuating.