Macro Strategy Insights

Same, But Different

A few topics that we have touched on over the past few months continue to be relevant. What is interesting is that a few of those topics now seem to have garnered far more attention than in the past. Discrepancies and “weirdness” in the jobs report. Best of Times, Worst of Times picked up on many of these, and not only have they been topics of discussion, but the Fed Chair was also specifically asked about them. I still think that the extremely high percentage of jobs “created” by the birth/death model and the shocking number of part-time vs. full-time ... Same, But Different

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