10T’s Dan Tapiero says the Fed may have made a policy mistake as U.S. consumer confidence and jobs data weaken. He notes the Conference Board’s 6-month outlook fell to 63.6, far below the sub-80 recession warning level, and expects a soft Friday jobs report.
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10T’s Dan Tapiero says the Fed may have made a policy mistake as U.S. consumer confidence and jobs data weaken. He notes the Conference Board’s 6-month outlook fell to 63.6, far below the sub-80 recession warning level, and expects a soft Friday jobs report.
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