September's payroll estimate soared WAY above expectations. Is it a Fed miracle? This isn't the first time this has happened; in fact, each of the last two times the FOMC began cutting rates met eerily similar results. Steve and I talk about what those were and why, also why that means everything right now.
Eurodollar University's conversation w/Steve Van Metre
EURODOLLAR UNIVERSITY FALL SALEBest subscription prices on the Deep Dive Analysis, Daily Briefing, and EDU membership. https://www.eurodollar.university
September 2024 Payroll Reporthttps://www.bls.gov/news.release/empsit.nr0.htm
Twitter: https://twitter.com/JeffSnider_EDU