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Dollar Guns For Best Streak Of The Year Ahead Of Make-Or-Break Jobs Report

Can you feel the tension?

Can you feel the tension?
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1 comment on “Dollar Guns For Best Streak Of The Year Ahead Of Make-Or-Break Jobs Report

  1. sell the news. in order for the $ to continue up in the immediate term, we need more data or expectations to increase or accelerate further, vs. eurozone econ or monetary expectations. todays weak print, but great on the SA, massaged, (and some meaningless: 1969) stats means ‘steady as she goes’ for capt powell. so he, like both his predecessors, will raise rates until there is a recession. so each raise doesnt mean ‘the economy is good and will remain so’….its really just one step closer to the recession, and in fact means ‘the economy has been good, and we are not good at predicting slowdowns’.

    also, yields….its the resteepening of the curve that tells us the slowdown will start in the next 1-2 quarters. at .32% now, was .74% in February, if we breach that, recession has begun. give it 6 mos after that point for all the supporting data to show up.

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