​Why On Earth Would Soft Hiring ‘Tee Up Fed Rate-Cuts’? – Tyler Durden

Why On Earth Would Soft Hiring ‘Tee Up Fed Rate-Cuts’? Authored by John Tamny via RealClearMarkets.com, Oaktree Capital co-founder Howard Marks has long made the essential point (referenced here regularly) that the seeds of bad times are planted during the good, and good times during the bad. Marks came to mind while reading a front page Wall Street Journal story in response to Friday’s employment report. It read along the lines of “Soft Hiring Will Tee Up Fed Rate Cuts.” Not explained was how the Fed could walk over the message of the markets, and if so, why it would. Marks’s pithy…  — Continue at ZeroHedge News : Read More