Bad news is good news
Investors would be hoping the economic data would start to signal a weakness in labor market so as to put a faster end to Fed’s interest hike campaign.
Today, we will have the release of non farm payrolls. Economists polled by LSEG believe nonfarm payrolls for Sep will show a 170,000 increase, lower than Aug’s 187,000 jobs gain in August. Below 170,000 would be “good news” for the market.
Today, we will have the release of non farm payrolls. Economists polled by LSEG believe nonfarm payrolls for Sep will show a 170,000 increase, lower than Aug’s 187,000 jobs gain in August. Below 170,000 would be “good news” for the market.
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Successful investing is about managing risk, not avoiding it. DYODD
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safri_moomoor : ok tq
razo2 : neutral/confusing data. market will kangaroo. options will get burned. alot of options for Tesla.
Wei13 : It's out, it's a big difference
Wei13 : The labor force is very strong
dwarrior : GG to the bulls
Harjinder Boparai : Good news