Dissecting ‘A Wonderful Set Of Economic Data’

Dissecting ‘A Wonderful Set Of Economic Data’

If there was a "downside" to the July jobs report, it was probably just that the above-consensus print helped make the case for an accelerated Fed tightening timeline. "Everything you could want and more," read one bank's summary of the numbers. Jason Furman delivered a comically glowing assessment. "I've yet to find a blemish in this jobs report," he wrote, in a tweet. "I've never before seen such a wonderful set of economic data." That latter bit might be overwrought, but you'd have a hard t
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