GoldFix

Breaking: Payrolls Revised Lowest Ever


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What this means:

* Powell should cut 50bps

* Trump wasnt crazy this mornig when he said Powell should cut 75bps.

* Zero jobs for biden in his last 15 months or so

* Powell is LATE cutting after swearing by BLS data

Aug 25th: Our coverage and confirmation of the Goldman and BNY and ZH opinions

Sep 4th: Standard Charter’s rationale for a 50bp cut

Sep 3: SC’s Full analysis of why it should happen (Founders)



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GoldFixBy VBL