Powers: Bad news is good news for rates, which is weird to think
CNBC Televisionยท2025-09-05 12:45
All right, we got to start with the jobs report. What are your expectations. Do you see this as a market moving event or do you think the idea of a rate cuts kind of baked into the market and unless we see an outsized move, the market won't react much.Yeah, you know, clearly the the jobs reports the big news today. We we've already seen softness in some reports this week. You talking about it earlier, you know, but I think the market's absolutely kind of priced in this 25 point basis cut.I think futures are ...