The Latest Updates from Mike ‘Mish’ Shedlock – 2016.06.03

June 3, 2016

by Mike ‘Mish’ Shedlock
Mish Talk

New York Fed Nowcast Up to 2.4% (I’ll Take “The Under”); Modeling Error on Unemployment Rate?

Construction Employment Declines Back-to-Back First Time Since May 2012; Questions of the Day

Composite PMI Flirts With Contraction; Markit Chief Economist Estimates GDP 0.7-0.8%

Rate Hike Odds Collapse; Fed’s Evans Discusses “Delays for Years”

Non-Manufacturing ISM Much Weaker Than Expected

Fed Hiking Not: Payroll Jobs +38K, Employed +26K, Labor Force -458K, Revisions -59K

Shocking Downturn in New York ISM, Chicago ISM Merely Pathetic

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