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Bloomberg Television

August jobs report and Buffett bails on BoA #bloombergbrief#shorts 🥰

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three numbers you need to focus on 142,000 and a revision to 89,000 that was not taken well and 4.2% that was taken well but this jobs report has lit the debate again it doesn’t assure you of a 50 basis point cut nor does it solidify the fact that you’re going to get 25 basis points only here’s the bond market the bond market of course you know price it and maybe even the FED will come this is the short end of the curve at down at 368 we’ broken the August the 5th low were down this morning by 6 basis points again this is potentially a fair that will go for multiple clips of 50 basis points that’s the view from cities Traders and city were with us this morning and they say we’ve gone from goil locks to a recession Williams comes out bang in time and says it’s appropriate to cut rates and Warren Buffett bailes on Bank of America well he’s just banked $7 billion worth of profit he still has to report his positions but that may well change very soon

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