On the June FOMC
After three months of embarrassing flip-flops, the Fed did what it had to do: nothing.
After three months of embarrassing flip-flops, the Fed did what it had to do: nothing.
No need for a freeze. OPEC is the swing producer again. Demand beats a path to its door.
The worst this cycle. If it weren’t for revisions, payroll growth would have been negative.