Jobs Frenzy
NAB Morning Call
00:00
The Fed's Resilience
Last month, this particular measure of services, not the S&P measure, this ISM measure, which is the one that people go on, dropped to 50 and change. And suddenly you get a revision today effectively. The new data that comes in at 53.9, almost 54.2. Ah, so it now looks like that shot that dropped to 50 was, you know, a head fake,. At least on the current evidence, you know.
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