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Early Morning with Dave
Were Nonfarm Payrolls Really +199k in November? Try -130k
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Were Nonfarm Payrolls Really +199k in November? Try -130k

Much more to Friday’s jobs data than meets the eye

David Rosenberg's avatar
David Rosenberg
Dec 11, 2023
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Early Morning with Dave
Early Morning with Dave
Were Nonfarm Payrolls Really +199k in November? Try -130k
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Highlights

  • Global central banks take center stage this week 

  • The bond market clearly isn’t buying into the “higher for longer” narrative 

  • Deflation deepened in China last month 

  • Much more to Friday’s jobs data than meets the eye 

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