1. Labor markets remarkably strong & stable to now.
2. Mixed signals today: jobs 💪, avg hours steady, wages soft
3. If employers judge tariffs'll persist, this likely turns worse. Report'd mark the moment just before POTUS steered us away from soft landing into stagflationary ditch.
1. Labor markets remarkably strong & stable to now.
2. Mixed signals today: jobs 💪, avg hours steady, wages soft
3. If employers judge tariffs'll persist, this likely turns worse. Report'd mark the moment just before POTUS steered us away from soft landing into stagflationary ditch.