'No Hire, No Fire' Economy Confirmed As US Jobless Claims & Hiring Plans Plummet
Initial jobless claims continue to signal no labor market pain at all, plummeting last week to 191k (the lowest since Sept 2022 and before that the lowest since 1969).
Dollar's Downside Momentum Stalls
The US dollar is stabilizing most of the G10 currencies today after its recent losses.
