Blowout Jobs Plunge Final Dagger into the Powell Pivot

BY DAVID HAGGITH The numbers may be fake, but they have plunged a dagger into the back of the Powell pivot fantasy Photo by Reza Hasannia on Unsplash A scorching-hot jobs report finally woke up a few bond vigilantes today to recognize they have priced bonds on the wrong side of history. With so many jobs supposedly added to the …

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