When a couple of months ago he said that inflation would fall over the following months, I for one did not believe him.
In other words, they expect prices to rise and yields to fall over the next three months.
That fell well short of the 118,000 average gain over the previous three months.
The stock has fallen a third over the last 12 months.
Investors believe that the price of those shares, today worth $228 million, will fall over the coming months.
In Rochester, jobs actually fell by 0.3 percent over the last 12 months.
And most economists expect the rate to continue falling, albeit slightly, over the next six months.
The current premium is considered an indication that rates will fall over the next few months.
Prices then fell sharply over the next six months.
The rate of disconnections fell by nearly 50%, and should continue to fall over the next six months.