JOB OPENINGS IN AMERICA 7.2M VS 7.5M EXPECTED
LOST 300K OPEN JOB LISTINGS
CONSUMER CONFIDENCE 86 VS 88 EXPECTED
10YR YIELD DROPS TO A 3-WEEK LOW OF 4.185%
Why are people buying bonds to get yields to come down?
Because the JOLTS data + consumer confidence is showing that the economy is obviously slowing down...
Why are stocks not tanking?
Because the market expects...
RATE CUTS. IT'S TIME TO CUT.
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