One for the doves

Angry Bear Spencer England commented on Tim Duy’s post…

Very good wrap-up.   There is virtually no evidence that the economy is breaking out of the past few years very sluggish growth.

One For the Doves, by Tim Duy: The March employment report came in pretty much in line with expectations. Nonfarm payrolls gained by 192k, and January and February were both revised higher. If you can discern any meaningful change in the underlying pace of economic activity from the nonfarm payrolls numbers, you have sharper eyes than me:


Worth reading the whole piece.