NFP: Jobs are ok, still good new jobs in the basket but less than previous month (cool off).
AVERAGE HOURLY EARNINGS: Nobody talks about this but it means wages are rising, labor is going higher, services and products might become more expensive on expensive labor = INFLATION
FEDS DUAL PURPOSE: To create jobs and to control prices (stability through monetary and other policies).
Will the FEDS hike again? I think yes, they will but i also think that NOBODY CARES MUCH!!
We almost done with rate hikes but are we done with systemic risks? Are banks ok now that real estate is not favored?
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