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The Pause Is Not Data Dependent

The Rate Guy

00:00

The Jolt Survey Keeps Dropping

On the surface looks like a really strong beat. How's right? The market is incredibly tight. They got to keep hiking. What went under reported was the fact that the last two reports were revised down by a combined 149,000 jobs. We probably would not have been screaming about how strong they were. It's like when the news who has never gotten anything wrong Report something with big 85 font print in red. Turns out it was wrong. And then the retraction is printed a week later on page 19. On the bottom. A curling story.

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