Markets JOLTed
August 29, 2023 at 16:00 PM EDT
No-good, terrible, bad news about the US labor market (coupled with a tumble in consumer confidence and uptick in inflation expectations) sparked chaos across multiple asset-classes today. US Macro data has disappointed for 8 straight days, its biggest serial disappointment since June 2022… Source: Bloomberg The bad news sent the market’s expectations for Fed rate […] Source
