‘Sizzling’ US Jobs Data (+528k) Make Case for Bigger Fed Rate Increases (Real Avg Hourly Earnings Growth Sinks To -3.8173 And US Treasury Yield Curve Inverts Further To -37.6, Most Inverted Since 2000)
by confoundedinterest17 The media is thrilled with today’s jobs report showing a sizzling 528k jobs added to the US economy. And with that, the media is cheering that recession fears are shrinking. But hold on a second. First, while 528k jobs …