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BLOOMBERG Bloomberg Surveillance January 6, 2023



we don t know the end of december because as said, lots of labor statistics. a big tossup. eight consecutive months. yes. all the way back to spring. i have coverage on radio with paul sweeney and james glassman, without question, the most accurate labor calls. there was gloom about it that was wrong. the tech story is tangible but it is not a labor economy. labor market data this week has been tech from after tech from announcing what we have gotten used to over the last 12 months with his job comes which is job cuts. wire people not listening to the labor market data more, when fed officials are saying that is what matters to them? the charts i am watching say that fed fund rates and where the market is pricing in the terminal rate. as gotten to 5%. but it is nowhere near where all the fed officials are saying we are going to get to. we have a full gallery. what is a. a lot of people are shrugging that off with there s not much difference. as a gener ....

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