'Too Little Too Late' - Trump Rages Amid The Post-Payrolls Carnage...

'Too Little Too Late' - Trump Rages Amid The Post-Payrolls Carnage...

Weaker than expected job gains combined with rising unemployment rates and massively negative revisions have sent rate-cut odds soaring with September now priced around 75%...

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2025 cut expectations are now back above 50bps (and 2026 is fading modestly)...

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This has helped smash Treasury yields lower...

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And the dollar is puking...

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Gold is mirroring the dollar weakness and soaring higher...

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So, circling back to the start, is this 'bad news' from the labor market, good news for Trump as it forces The Fed's hand sooner rather than later?

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Time for an emergency cut?

https://cms.zerohedge.com/users/tyler-durden

Fri, 08/01/2025 - 08:56

https://www.zerohedge.com/markets/too-little-too-late-trump-rages-amid-post-payrolls-carnage