The Fed’s Labor Market Conditions Index rose 0.3 points in October, to 1.6, led by the improvement in net new jobs.
So, we go that goin’ for us.
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“So, we go that goin’ for us.”
Until the usual ‘unexpected’ downward adjustment they’ll make in the dead of night when ain’t no one lookin a month or two from now.
I originally mumbled to myself we’re running on hope these days, then I realized that we’re actually running on ignorance.
So the good news is it won’t stop when hope runs out, it’ll stop when enough people suddenly realize what’s going on AND freak out.
Cheer up then, this could still take a while.