Behind The Markets Podcast: Skanda Amarnath
Behind the Markets Podcast
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The Fed's Adamant on Core Rate X Rentals
We suffered dramatic, I think a record, the first border productivity data from last year was a record negative number. We had the service sector also jumping back up to the mid 50 to 60 range 55. So that's still below that still in contraction mode on those PMI reports. But clearly we see no slowdown and unless people are all wrong about what GDP is,. Unless we get a much weaker February and March payroll numbers, at least this points to another plunge in productivity which is not favorable.
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