Hidden Truths
Soft Landing? Check this out.
MANY ARE QUESTIONING WHETHER OR NOT WE WILL HAVE A SOFT LANDING.
Q? The jobs data came in much stronger than markets expected. Pundits are now saying this ensures a “soft landing” for the economy. Do you agree?
The big spike in the Payroll data (+517K) was out of kilter with what has been occurring in the rest of the economy and in other labor market data. Financial markets always shoot first and ask questions later, so on Friday, equity markets fell, and bond yields rose on the fear that the Fed would now have a great excuse to raise interest rates even further than what was already priced in. The far-right-hand sides of the charts show the violent up spikes in the yields of the 10-Yr. and 2-Yr. T-Notes on Friday (February 3).
Listen to the podcast to learn more.
Schedule a FREE portfolio analysis here: https://calendly.com/uva-tanya/15min
MANY ARE QUESTIONING WHETHER OR NOT WE WILL HAVE A SOFT LANDING.
Q? The jobs data came in much stronger than markets expected. Pundits are now saying this ensures a “soft landing” for the economy. Do you agree?
The big spike in the Payroll data (+517K) was out of kilter with what has been occurring in the rest of the economy and in other labor market data. Financial markets always shoot first and ask questions later, so on Friday, equity markets fell, and bond yields rose on the fear that the Fed would now have a great excuse to raise interest rates even further than what was already priced in. The far-right-hand sides of the charts show the violent up spikes in the yields of the 10-Yr. and 2-Yr. T-Notes on Friday (February 3).
Listen to the podcast to learn more.
Schedule a FREE portfolio analysis here: https://calendly.com/uva-tanya/15min