Ed dissects Friday's nonfarm payroll data and what that means for the Fed going forward and why their work may not be yet done. The show goes on to cover recent upticks in call option volume (greed/FOMO) and short covering in global markets.
A deep dive on the China-Taiwan situation is provided and what that could mean for inflation expectations.
Europe's energy situation is revisited and Lagarde's economic credentials are put into the spotlight.
https://www.prnewswire.com/news-releases/wages-continue-to-accelerate-for-workers-small-business-hiring-slows-in-may-301557569.html#:~:text=Hourly%20earnings%20growth%20increased%20for,%241.50%20during%20the%20past%20year.
https://www.ft.com/content/ae2aae1c-8569-4854-aeaf-1e160633e6e9
