james on Nostr: With this morning's JOLTs data showing that job openings are falling--well below ...
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.
Published at
2024-09-04 15:15:41Event JSON
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"content": "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.\nhttps://m.primal.net/KeBi.png",
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