It’s Damage Control at the Fed as Payrolls Point to Monetary Policy Failure

• Steven Van Metre
  In today’s show, you the Nonfarm payroll report was a dud, why next month’s payroll report is likely to be equally disappointing, signs the participation rate is likely to crash, if the Fed is still thinking taper, if there will be a new fiscal response, what direction the services sector is heading, and what today’s decline in bond prices was all about.

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