Another BLSBS Friday

What's that phrase..."garbage in, garbage out"? How about the term "goal-seeked". Both of those would seem to apply to today's BLSBS but it hardly matters in the end. The Fed can now continue their claims of a robust US economy as they tighten the screw on monetary policy well past the breaking point.

Anyway, I don't see the reason to spend much time on the BLSBS today. As I watched all the pundits on CNBS discuss their expectations of a 200,000 or so jobs print, I kept thinking "they're all wrong and it's going to be a massive surprise upward"...and it was. When Santelli...

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Key Economic Events Week of 1/30

1/31 8:30 ET Employment Costs
1/31 9:00 ET Case-Shiller Home Prices
1/31 10:00 ET Consumer Confidence
2/1 8:15 ET ADP jobs report
2/1 9:45 ET S&P Manu PMI
2/1 10:00 ET ISM Manu PMI
2/1 10:00 ET JOLTS
2/1 2:00 ET FOMC Fedlines
2/1 2:30 ET Chief Goon Powell
2/2 8:15 ET ECB rate decision
2/2 8:30 ET Productivity & Labor Costs
2/2 10:00 ET Factory Orders
2/3 8:30 ET BLSBS
2/3 9:45 ET S&P Services PMI
2/3 10:00 ET ISM Services PMI

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by Empire47, 5 hours 8 min ago
by argentus maximus, Feb 2, 2023 - 12:18pm
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by argentus maximus, Jan 31, 2023 - 1:14pm
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