High-Freq Data and DOGE Monitor - 2025-04-02

Date: 
Thursday, April 3, 2025
Summary: 

The DOGE effect ran in reverse last week, with federal and federal-adjacent joblessness falling by 2.18 thousand. Maybe those who lost their jobs are simply finding new ones -- that would be the very best outcome. In other high-frequency data, there's not the slightest disturbance in everything (but then again, the tariffs were only announced yesterday afternoon). Stay tuned.