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Jobs blowout deepens bond market gloom, Rachel Reeves' sticky fiscal wicket, Trump and the dollar and more

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A grim week for bonds was capped by a stunningly hot US jobs report. Group Chief Economist Neil Shearing and Deputy Chief Markets Economist Jonas Goltermann joined the first episode of The Weekly Briefing from Capital Economics of the year to explain what these jobs numbers signal about the health of the US economy and how the Fed could respond. 
 
They also discuss the fall-out in global bond markets, including why gilts have been under particular pressure despite the Labour government’s efforts to prove its fiscal bona fides with the investors. 

Analysis and events referenced in this episode:

UK Weekly: Gilt market is not in crisis, but it does cause problems

/publications/uk-economics-weekly/gilt-market-not-crisis-it-does-cause-problems

China Weekly: More weakness in store for the renminbi
/publications/china-economics-weekly/china-weekly-more-weakness-store-renminbi

Capital Economics events
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