PELOSI: STRONG JOBS NUMBERS MEAN LITTLE GIVEN SOARING COSTS
looking at the Household Survey showed one stunning outlier print: in May the number of full-time jobs rose from 127.753 million to 128.657 million, a 904K increase in one month, offset by a 625 plunge in low-quality, part-time jobs.
it was the biggest monthly increase this century, and also on record if one excludes a few data revision prints recorded in the 1990s.
Goldman: "the May jobs report suggests a solid pace of labor market improvement consistent with a larger overshoot of full employment. We boosted our subjective odds of a June hike to above 95% (from 95% previously)"
london red 14:16:35 GMT - 06/01/2018
covered here but channel sup at 11616.
Mtl JP 14:34:46 GMT - 06/01/2018
red 14:16 well done. that one cost me few pips.
"what does not maim or kill you disappoints me"
kashkari: still some slackers in labour market (or something to that efect)
london red 14:37:41 GMT - 06/01/2018
win some lose win. just be sure to win 51%, thatll do.
but notice the wave of profit taking on the sup. i doubt we go down. prob squeeze higher now.
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Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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