Yikes: Yellen’s Favorite Market Indicator Hits 7-Year Low

06/06/16 01:13PM EDT

https://youtu.be/Xgi2MRRipsU

Hedgeye U.S. macro analyst Christian Drake takes a look at the “Labor Market Conditions Index” which just posted its 5th consecutive month of negative reading (worse since 2009) and what it portends for Fed policy.

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