FSGS - Weak Jobs Data Validates Our Bullish Treasury Forecast
2025-09-09 04:30:00 ET
The employment report printed weak at 22k vs. 75k expected and the unemployment rate ticked up to 4.3%. We had forecasted that the Fed would cut 3 times this year, as ultra-tight Fed policy has caused the housing and construction investment to go into recession (see figure below)....
Weak Jobs Data Validates Our Bullish Treasury Forecast