The Credit Writedowns Newsletter

Share this post

Bullish news on the US jobs front

pro.creditwritedowns.com

Bullish news on the US jobs front

Edward Harrison
Apr 2, 2021
3
1
Share this post

Bullish news on the US jobs front

pro.creditwritedowns.com

Real quick on this Good Friday

The US jobs report for March was superb. We got everything we wanted to see except an improvement in hourly earnings. In my view, this report bolsters the case for upside risk for the economy and inflation and mitigates lingering doubts about downside risk in the near term. That's bearish for bonds. The impact on equities i…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2023 Global Macro Advisors
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing