Jobs Growth Hides Troubling Signs; Recession Risks Lurk Despite Rates Pause

Employment numbers appear strong on the surface but actually show troubling signs like disappearing full-time jobs and a growing divergence between payroll reports

A commercial real estate crisis is brewing which could negatively impact banks who hold half of CRE loans, potentially causing another banking crisis

Falling rents will have a deflationary impact on inflation, but the Fed remains concerned about high inflation

Despite hints of future rate cuts from Powell, market odds of a June rate cut have fallen to just 51% due to strong jobs numbers

A recession appears likely given issues in the labor market and commercial real estate sector; the Fed may need to cut rates sooner to counteract this