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Wind in the Willows

Jobs Report - Rate Cut Bets Fading
Wind in the Willows--- Willow Creek Partners Wind in the Willows--- Willow Creek Partners

Jobs Report - Rate Cut Bets Fading

Well Wall Streeters, which is it?  Do we want a strong economy, or low rates?  The data that the Federal Reserve uses to determine interest rates refuses to relent.  That should be great news as it means that despite the most rapid rate cycle in history, the economy remains resilient.  Last week, the United States Department of Labor released their latest Non-Farm Payrolls report and like most of them since the depths of the pandemic, the report was above pre-pandemic averages and unemployment continues near historical lows. 

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