HomeMarketsFuturesGDP & JOLTS Data Showing Conflicting Narratives
GDP & JOLTS Data Showing Conflicting Narratives

“The one thing that bothers me is the Price Index higher than expectations” Bob Iaccino breaks down GDP and JOLTs data ahead of Chairman Powell’s comments. Bob is skeptical of the reliability of JOLTS data due to employers posting multiple jobs with no intention on filling each post, which leads to inflating the number of jobs open across the country. He also highlights the technical trends in the U.S. Dollar as it has retreated from recent highs at a rapid pace.

Futures

01 Dec 2022

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