United States: The Vibe Is Alive The U.S. economy continues to demonstrate exceptional strength. Nonfarm payrolls blew past expectations, rising 336K
Summary United States:The Vibe Is Alive The U.S. economy continues to demonstrate exceptional strength.Nonfarm payrolls blew past expectations, rising 336K in September. The outturn was made all the more impressive by a net 119K upward revision to the past two months of data. Next week: NFIB Small Business Optimism , CPI , Consumer Sentiment International:Volatility Hits Global Financial Markets Global financial markets remained under pressure for most of this week.
Next week: Brazil Inflation , Russia Inflation , Argentina Inflation Interest Rate Watch:Long-Term Yields Skyrocket Expectations of heavy Treasury issuance in coming months appear to have contributed to the marked rise in yields on U.S. Treasury securities recently. Private sector borrowers will also feel the sting of higher borrowing costs.
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