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ID: cQu2pFdp/biz/60726790#60727192
8/2/2025, 11:12:29 AM
>>60727182
>nobody would care about today's job numbers if it weren't for what he said after the meeting.
What did he say?
They always cared. They actually cared more and more about jobs with time than about inflation. Previously misses on inflation would have caused at least one red day. Now it does nothing. PCE going higher, missing, previous report getting revised higher each month. It was obvious even the inflation numbers are unreliable, except that there is a trend for upwards revisions.
Investors didn't give a fuck about inflation anymore, it was all jobs.
>what? you're on some different stuff now. i don't even know how to respond
Yes, now I also understand that you meant she's getting blamed because of Powell's words and not that Powell is responsible for the numbers.
>nobody would care about today's job numbers if it weren't for what he said after the meeting.
What did he say?
They always cared. They actually cared more and more about jobs with time than about inflation. Previously misses on inflation would have caused at least one red day. Now it does nothing. PCE going higher, missing, previous report getting revised higher each month. It was obvious even the inflation numbers are unreliable, except that there is a trend for upwards revisions.
Investors didn't give a fuck about inflation anymore, it was all jobs.
>what? you're on some different stuff now. i don't even know how to respond
Yes, now I also understand that you meant she's getting blamed because of Powell's words and not that Powell is responsible for the numbers.
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