Friday was a fitting end to a memorable week. The Jobs report is the talk of the town this weekend. Rate hikes coming sooner than expected now? In 2008 when ZIRP came to be, 2010 was the year of the rate hike. Almost 7 years into unprecedented Central Bank action, rate hikes sound more like the voices of every sports fan before the start of the season, who think this is the year their team will win it all. As the season comes to an end and their team has failed to win the Championship they are quick to say "Next year will be the year". Perhaps this will be the year the FED hikes rates.... and if they don't.... there is always next year.
This weekends reads: