Links: 2013-05-31

September Looking Good - Tim Duy's Fed Watch
"A lot of data will be coming in the door over the next week and a half, culminating in the all-important employment report on Friday, June 5.  I think even a moderately positive run of data will further cement a September shift.  And I think the Federal Reserve would place less weight on a weak employment report than a strong employment report.  The recent pattern of general upward revisions argues for a asymmetrical response.  Moreover, I sense they are wary of being trapped by one weak number - I don't think they would have expanded QE last September if they knew that job growth for August was 165k rather than the initially reported 96k.  They don't want to make that mistake again.Bottom Line:  I think the Federal Reserve is leaning toward a...

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