JPMORGAN: Hard data has held up while soft data has “soured.” .. “If our forecast is right, this theme is about to be turned on its head. Activity data are likely to roll over ..
“.. contractions in employment would indicate that businesses are not smoothing through the near-term soft patch.” 👀
“.. contractions in employment would indicate that businesses are not smoothing through the near-term soft patch.” 👀
Comments
Soft data: surveys, sentiment, confidence are all bad.
JPM: we forecast the hard data to catch up to the soft data, layoffs starting and business demand hurting very soon.
I’ve been out of work 2wks and am going to lose everything within 45 days. I have ideations already. Gonna be long term trouble
Might be worth the experiment (at least as an A/B test) 🤔
*depending on the field. I’m in marketing, so I could get away w it
It’s all bullshit.