Nonfarm payrolls grew by 73k jobs in July, missing the economists' median estimate. The July data suggest a slower pace for the labor market, with revisions taking a large chunk out of May & June growth.
U.S. stocks have produced a higher return than the fixed income market at the cost of higher volatility.
Today's topics include Liberation day 2.0, explaining dissents, BoJ rate hike probabilities, Japanese stock traders are bearish, the yuan's bad week, currency impacts in Europe, trading bonds electronically, the money being thrown around for AI is unreal, and Dalio takes his final step away from Bridgewater
Join us tomorrow, August 1, for our next conference call.
Today's topics include previewing tomorrow's payrolls report, can the US become more productive?, two dissents & no move, tech earnings dominate, photo finish trade deals, details on the QRA & Treasury issuance, understanding Fedspeak, and gold rush
Jim Bianco joins Bloomberg to react to today's FOMC Statement with Jonathan Ferro, Lisa Abramowicz, Tom Keene and Bob Michele.
Jim Bianco joins Bloomberg to react to today's FOMC Statement with Jonathan Ferro, Lisa Abramowicz, Tom Keene and Bob Michele.
A look at the size of various markets compared to the U.S. economy
Today's topics include an extension of US-China trade talks, global growth upgrade, impact of trade on GDP, Fed dissents, brokers soak up retail activity benefits, stock pickers, what to expect with high valuations, today's tariff news, reliability of payroll data, China stock-bond correlation, and cross-border payments