10th May 2021

  • Jobs Report Is Latest Sign of Growing Pains for U.S. Economy

Hiring, supply chain constraints holding back employment gains

Recovery won’t be straightforward as pandemic effects linger

https://blinks.bloomberg.com/news/stories/QSQRHNDWLU68

  • Fed’s Kashkari Says U.S. Job Market Still Needs Help to Heal

U.S. still down 8 million-10 million jobs, central banker says

‘Some truth’ to idea enhanced benefits keeping workers at home

https://blinks.bloomberg.com/news/stories/QSUIOLDWLU6Q

  • Bond Traders See a Path to 2% Yields Lurking in U.S. Jobs Miss

A concern is that wages will have to rise to lure back workers

Investor cites a ‘slightly nervous view around inflation’

https://blinks.bloomberg.com/news/stories/QSQU4JDWLU82

  • No Timeline for Giant Fuel Pipeline Restart Has Traders Worried

Fuel traders are working to supply East Coast by tanker, barge

U.S. fuel prices jump during Asian hours on shortage concerns

https://blinks.bloomberg.com/news/stories/QSVDNJT0G1KZ

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For more information please contact Rubrics Asset Management. info@rubricsam.com.