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DoubleLine's Jeffrey Gundlach: Economic data is becoming much less reliable
CNBC Television· 2025-08-04 20:41
Interest Rate Policy - The market is pricing in potentially as many as three rate cuts this year, but DoubleLine maintains a base case of two rate cuts in 2024 [12] - The 2-year Treasury yield decreased by approximately 25 basis points following the jobs report, indicating market anticipation of rate cuts [7][14] - The spread between the Fed funds rate and the 2-year Treasury widened to 70 basis points, a level reminiscent of conditions preceding a rate cut 12 months prior [7][8] Economic Data Reliability - Surveys for the jobs report are experiencing a declining response rate, with only 60% being returned [10] - Approximately 35% of the Consumer Price Index (CPI) input prices are now estimated or "imputed," raising concerns about data reliability [11] - Job reports have a tendency to be revised lower, with 45 out of 48 reports under the current administration being revised downwards after the initial release [13] Labor Market Analysis - The jobs report showed a revision of over 250,000 jobs [7] - The Fed is perceived to be at its employment target but not at its inflation target [6]
Wharton's Jeremy Siegel: There would've been a July rate cut had we known about the weak jobs data
CNBC Television· 2025-08-04 12:39
Let's bring in Jeremy Seagull, professor emmeritus of finance uh at University of Pennsylvania's Wharton School of Business and chief economist at Wisdom Wisdom Tree. I think you're Jeremy Professor, your ship's coming in. Uh the economy has been weaker than than people thought, I think.Yeah. Yeah. And first of all, I'm not going to let the BLS off the hook.I mean, you know, you talk about how to fix it. you know, make these questionnaires mandatory and give them a time limit to fill it out. Um, you know, I ...
Why the latest jobs data is a signaling bigger problems for the economy
Yahoo Finance· 2025-08-03 14:00
Economists have been warning that President Trump's trade wars will depress growth and hiring. Trump disagrees, but does the weakness in the latest jobs report give these warnings more weight. Here with more is Yahoo Finance senior columnist Rick Newman.Rick, hey Josh. Um, well, yeah, I think what we're seeing in the economy, not just the jobs report, but also the uh GDP report on economic growth for the first half and other things. I mean, this is exactly what you would expect to happen when you uh put tar ...
Wall Street is extremely bullish on gold as disappointing jobs data, tariff turmoil boost chances of a September rate cut
KITCO· 2025-08-01 19:57
Core Insights - The article discusses disappointing jobs data that may impact market sentiment and economic outlook [1][2] Group 1: Jobs Data Impact - The jobs data released indicates a weaker than expected employment growth, which could lead to concerns about economic stability [1][2] - Analysts suggest that this disappointing data may influence monetary policy decisions moving forward [1][2] Group 2: Market Reactions - The market may react negatively to the jobs data, potentially leading to fluctuations in commodity prices, particularly gold [1][2] - Investors are likely to reassess their positions in light of the new employment figures, which could create volatility in the financial markets [1][2]
Did Jerome Powell Just Break XRP HBAR & Crypto!?
Ladies and gentlemen, we have officially survived FOMC day. We still have quite a bit of financial events to get through this week, but for the most part, we did see the Fed hold rates. Now, we're going to talk about that. We're going to address it.Now, does this affect the markets in a very negative way. Well, number one, I do think that for the most part, you know, markets have kind of priced in the idea of the Fed just kind of holding. Um, I think that it would have been a shocker if he actually did cut ...
X @Wu Blockchain
Wu Blockchain· 2025-07-31 02:16
Monetary Policy - FOMC 投票结果为 9-2,是 30 多年来美联储政策分歧最大的一次 [1] - 市场对 9 月份降息的预期降至 45% [1]
X @Michaël van de Poppe
Michaël van de Poppe· 2025-07-30 19:42
This has been the biggest FOMC meeting ever!Haha, not.Anyways, markets are moving down as there's still no rate cut and #Bitcoin lost the range.I think it's a great chance to accumulate. Could be that we fall deeper, but not for long. August/September new ATHs. https://t.co/TDUbqlBsJY ...
X @TylerD 🧙‍♂️
TylerD 🧙‍♂️· 2025-07-30 19:18
Now just a 47% chance of 1 rate cut in September after Powell's presser 🥶 https://t.co/Jwer3aErTGTylerD 🧙‍♂️ (@Tyler_Did_It):62% chance of 1 rate cut in September headed into Powell's presserLet's see how that holds up https://t.co/t4kWK0QgAT ...
X @Bloomberg
Bloomberg· 2025-07-30 18:14
RT Bloomberg Opinion (@opinion)@Claudia_Sahm @AllisonSchrager “The path to a rate cut is for the Fed to get comfortable that these tariffs are gonna be a one-off,” says @Claudia_Sahm.Tune in for Fed Day analysis 🎥https://t.co/VrIJWN9cHp ...
X @Bloomberg
Bloomberg· 2025-07-30 18:09
RT Bloomberg Opinion (@opinion)@Claudia_Sahm Fed Day: Is a September rate cut still on the table?https://t.co/VrIJWN8ERR ...