macro · settles Dec 4, 2026

Payrolls below +100k in November (December 4 release)

AI Baseline55.0%refreshed last month

Apply your estimate

AI Projection · P(target | catalyst = YES)2.2%▲ +1.2 pts

Weak November payrolls four days before the December meeting make a cut better than a coin flip against the re-struck anchor.

refreshed 2 hours ago

If the catalyst resolved YES today, what's the probability of the target?

your estimate

2.2%
0%100%
Target AI Baseline 1.0%AI Projection 2.2%
Payrolls < 100k · Nov → Fed ≤ 3.50% · Dec FOMC — Consequitur