Weekly Update - Week 23
172k payrolls is a strong number.
But one employment report alone doesn't prove a "Great Acceleration."
The broader question is whether labor market strength is translating into stronger growth, credit creation, and earnings. That's where the macro debate still sits.
Indeed, Tony! And I just shared more of this story today: https://marketview.vmfresearch.com/p/the-setup-for-a-dovish-shock
Have a great one.
172k payrolls is a strong number.
But one employment report alone doesn't prove a "Great Acceleration."
The broader question is whether labor market strength is translating into stronger growth, credit creation, and earnings. That's where the macro debate still sits.
Indeed, Tony! And I just shared more of this story today: https://marketview.vmfresearch.com/p/the-setup-for-a-dovish-shock
Have a great one.