TimothyX
TimothyX
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Was in OKLO, very stable, good one
August’s weak payrolls data (just 22K jobs added) and a rising unemployment rate (4.3%) led markets to fully price in a September rate cut. Treasury yields fell sharply. Meanwhile, manufacturing activity shrank for the sixth month (ISM PMI: 48.7%), while the services sector expanded (ISM Services PMI: 52%).
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2024-12-10
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