Rotation Prospects, Corporate Credit Spreads And This And That…
First, a quick note of thanks to Jeff Miller, on his two articles on caution warranted on interpreting the nonfarm payroll report.
The first article which was last weekend or August 2nd laid the premise for how to interpret a labor report and then the Friday, August 7th article by Jeff followed up on the original article by detailing the numbers. Personally, i never would have thought about business deaths or response rates in terms of gauging the quality of the monthly business survey. Teach a…
