re: I present to you, our current Secretary of Commerce - Gina M. Raimondo

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You can only hide reality for so long. Plus, this provides rationale for a >.25 rate cut in September.

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Yes, it’s all to justify a big juicy rate cut.

I do have to wonder, if the jobs were correctly reported each month, we would see continually tepid job growth for a long duration…Would the Fed be less inclined to make a major cut in lieu of smaller 10 bp cuts, spread out, that would probably not add up to the big cut that is now coming?