Sounds familiar?
In 2008, NFP revisions were also quietly bleeding red month after month while the Fed stayed patient and markets held.
Then Dec 2008 hit: -17K. Sound familiar again?
-710K in cumulative revisions. 24 of 25 months revised down. The labor market was never as… pic.twitter.com/Z46wadysPj
— The Zeno Report (@ZenoReport) March 10, 2026
here we go again:
*CLIFFWATER $33B PRIVATE CREDIT FUND TO SEE REDEMPTIONS ABOVE 7%
— zerohedge (@zerohedge) March 10, 2026