Dr. Jeff on Nostr: Great #macro data. Thanks James! ⚡️ ...

Great #macro data.

Thanks James! ⚡️

quoting note1paf…5dvy

With this morning's JOLTs data showing that job openings are falling--well below estimates--and layoffs increasing, futures show a 47% chance of a 50bp rate cute in September, up from 37% yesterday. And bad news is once again 'good news' for the markets.