The shutdown keeps dragging on, this line keeps going up, and prediction markets now suggest that it's more likely than not this will be the longest government shutdown in US history (previous record 35 days).
Boom!
September jobs numbers: Payrolls rose/fell __k. Unemployment up/down a tick to 4-point-something percent.
Economic data are noisy, yet they still confirm my priors.
Markets are responding exactly as I thought they would.
Another tough moment for the Fed. #JobsReport
From the Financial Times:
“Yields on the bonds of groups including L’Oréal, Airbus and Axa have sunk below those on French government debt of similar maturity in recent weeks, according to data compiled by Goldman Sachs, in a sign that investors may see them as a safer bet.”
More to follow on the why—and the so what—of corporate bond spreads trading inside those of their sovereign counterparts.
#economy #markets #debt #france @FT
MEA Spokesperson Randhir Jaiswal says, on H-1B visa, the mobility partnership between India and the United States is an important pillar of this relationship. It supports our technology and economic collaboration, as well as initiatives in innovation, emerging technologies, and financial cooperation. We value this partnership, as it brings mutual benefits to both sides.
@MEAIndia
As heatwaves intensify, millions of workers face rising risks. Sectors like farming, construction and fishing are especially exposed to heat stress.
A new @who and @wmo report offers guidance to protect workers and economic stability: https://t.co/eUyynb28Fm