More labor market cracks are showing and expanding. Even some of the data which has been resilient may have to be substantially changed given new information that just came to light. Labor weakness continues to clear out the FOMC setting the Treasury market up the next rally - though it isn't quite there yet.
Eurodollar University's Money & Macro Analysis
ADP National Employment
https://adpemploymentreport.com/
ADP Pay Insights
https://payinsights.adp.com/?_ga=2.165121663.1500609015.1717601960-340309474.1717601960
BLS QCEW Overview
https://www.bls.gov/cew/overview.htm
BLS QCEW
https://www.bls.gov/news.release/cewqtr.nr0.htm
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.