Not Only No Labor Shortage, Latest Labor Market Data Is Closer to Rate Cuts

By |2019-05-02T16:03:27-04:00May 2nd, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Yesterday, the FOMC altered its view of household spending and business capex. It wasn’t a huge difference, they never are. Figuratively, these sorts of downgrades are little by little even though if things were ever to go the right way the language upgrades wouldn’t be subject to so much reservation. There isn’t much in the [...]