Goldman: Things Have Changed, The “Hurdle” For More Fed Hikes Is Now Lower

Ok, so Friday's jobs number (you know, the one that Breitbart hilariously described as a "great again, jaw-dropping, sizzling, rocket") cemented a March hike that was already cemented. Call it "priced-in-er-er-er." Additionally, the decent headline number but average-ish accompanying wage print was probably a Goldilocks moment for markets that have recently exhibited a bit of Tantrum-like behavior. That is, we saw a rather dramatic plunge in Treasurys last week heading into Friday and stocks