Much bigger news that employment report. And really bad.

Expectation of tariffs or tariff chaos?
FTPL from rise in expected deficits?
Extrapolation from price of eggs?
Reposted from Ben Casselman
UMICH: "Year-ahead inflation expectations jumped up from 3.3% last month to 4.3% this month, the highest reading since November 2023 and marking two consecutive months of unusually large increases." Long-run expectations also ticked up.
www.sca.isr.umich.edu #NumbersDay

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