Payrolls & The Convexity Comeback
The markets are counting on easing, but the labor market might be tightening
Only the Fed Can Save Us
After returning home from a television appearance this week, I had the following conversation with my wife.
Debbie: You were great today (she is a supportive wife). Everyone agreed with you.
Me: That’s not good.
Debbie: No, they all agreed with you, why isn’t that good?
Me: It means I am probably wrong.
This week’s August private sec…