The market isn't sure
A mixed bag as Adam expertly notes. Down on the headline, up on the revision. Wages moving in the right direction, still creeping though.
Is there enough "improvement" here for the Fed to raise on? There's nothing really wrong with the report bar a poor performance in manufacturing. That's been on the cards for a while though given the recent performance in the sector
In my opinion there's nothing wrong with the jobs market and why the Fed shouldn't hike. I'm not the market though and economists are now off making that decision. If they wanted a big flashing sign that said "This is the one - Fed's a go" this wasn't it
But then, when will it be?
