Description
A whopping 98% of American voters in one mainstream poll say the economy is a major concern, including 79% who rate it their top worry. Economists, the media, politicians, policymakers are at a loss to explain this. The latest data from the US government shows why that is, both the confusion and the underlying trouble. A vast majority of the evidence continues to consistently agree with what Americans are saying.
Eurodollar University's Money & Macro Analysis
NRF Census Retail Sales Data Shows Retail Sales Grew in Septemberhttps://nrf.com/media-center/press-releases/census-retail-sales-data-shows-retail-sales-grew-september
NRF CNBC/NRF Retail Monitor Shows Retail Sales Declined Monthly in September But Still Grew Year Over Yearhttps://nrf.com/media-center/press-releases/cnbc/nrf-retail-monitor-shows-retail-sales-declined-monthly-september
AP NORChttps://apnorc.org/projects/the-economy-tops-voters-minds-as-they-consider-their-vote-in-the-upcoming-election/
https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
October payrolls were exceptionally weak, yet LT rates jump? With more rate cuts from the Fed basically assured, questions swirl around the Treasury selloff having many people wondering if there is a 'Trump trade' going on here. The answers are right there in front of us.
Eurodollar University's...
Published 11/04/24
This isn't about October or hurricanes. Government just confirmed jobs market is in big f-ing trouble.
Eurodollar University's Money & Macro Analysis
BLS Employment Situation October 2024https://www.bls.gov/news.release/archives/empsit_11012024.pdf
CNN Messy October jobs report muddied by...
Published 11/03/24