(580 words, ~4 minute read) Statistical error? The NFP (non-farm payroll data) data release blew away economist estimates making the entire series a joke today. Seriously, economists consensus expectations was for +188k jobs created in January, but the data came in at +517k. On Wednesday the FOMC talked about the effect of recent rate hikes […]
Tag: real yields
Paid to wait
(600 words, ~4 minute read) It was tough to squeeze all the important moments, but I think it turned out okay. Paid to wait. That’s the approach to start this year. A defensive approach due to tight monetary conditions and questionable future growth. It’s been a long time since investors could hide out in cash […]
