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REAL - Jobs 224K; Again The Fed Will Not Cut In July; iCloud And Insta Fail
The RealReal Inc.
Fed cut in July? Not so fast
Everyone and their uncle is certain that the cut will be in July. Yet, this morning, we have quite a spirited bounce in employment along with an uptick in the worker participation rate. The boomers are supposed to be retiring at a furious rate, yet more people are entering the workforce. Could it be that higher pay is keeping them in the workforce? Could it be that the underlying economy is stronger than what the economists are modeling? I say absolutely yes. With such a high expectation for