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26,809 Posts.
2392
05/09/24
22:23
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ADP Private Payrolls 99K, Exp. 145K, Last 122K
https://x.com/zerohedge/status/1831667371741753490
Highest paying jobs all decline:
Professional/business services -16K
Manufacturing -8K
Information -4K
https://x.com/zerohedge/status/1831668490836537446
...Employment in US looking rather sick.
...This should up the ante on Recession narrative, but offset by hopes for a 50bps rate cut.
...at present, futures does not know how to make of this data.
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