U.S. Macro July 6, 2023

Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole, so we monitor macro indicators. 

ISM Services Above Expectations

Job Openings Below Expectations  

Economic data is likely driving many who were expecting the Fed to soon cut rates to give up on that expectation as the US economy seems increasingly likely to successfully achieve a soft landing.