Payrolls: Data Dependence Depends on Either/Or

By |2019-10-03T18:56:25-05:00October 3rd, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The ritual of payroll Friday really is a silly one. Everyone and the Fed claims to be data dependent and given the place the BLS is given in the hierarchy of data this one should be scrutinized heavily. But what sort of scrutiny? September 2019’s payroll report doesn’t fit neatly into clean, all-or-nothing interpretations. To [...]