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Saturday, September 7, 2024

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

 https://youtu.be/gdikQqYy0g4?si=jpgKUETXPNHTFjzU

*How much is the BRICS alliance and trade issues with USD causing the market to shortfall in Fed Funds rate? How much of a lag between BRICS countries and alliances reducing trade with the US or USD versus American inflation (or effect thereof?) 

I think the inflation forecast is very murky right now because of this issue. 

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