Personal nonfarm payroll employment surprises on the upside (massive time): 223K vs 125K consensus (whole NFP 254K vs. 147K consensus). Furthermore, the earlier two...
Excessive frequency indicators (PMI, and so forth.) counsel — and have steered — a slowdown in manufacturing. Nonetheless, different indicators point out sideways trending....
Right here’s a snapshot of nowcasts and forecasts as of at present:
Determine 1: GDP (daring black), Abstract of Financial Projections median (inverted gentle inexperienced...