Courtesy of Mish.
In its commentary on jobs today, the Bloomberg Econoday writer made this claim “The hawks will come out of hiding following this report which definitely brings alive expectations for a rate hike at the September FOMC.”
Let’s compare that thought to the market reaction from CME Fedwatch.
September 2016 Rate Hike Odds
February 2017 Rate Hike Odds
Bloomberg, I have to ask: Is that a real human being writing your Econoday reports, or is it a robot in need of an AI revamp?
Mike “Mish” Shedlock




