Name: Deceleration In Jobs Growth Could Result In One More Rate Hike
Uploaded: 2023-04-05T21:55:01.139
Duration: 11 min 15 s

Kick off the trading day with Oliver Renick as he ties big macro concepts together with stock-specific analysis and trading strategies. This program cuts through the noise and political bias, while helping viewers understand the economy's relationship with markets through numbers, logic and in-depth interviews with fund managers, ETF providers and options traders.&nbsp;

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Is the weaker jobs data providing a boost to the stock market today? Also, the gold price pushed up and made new highs, as well as the bonds and notes were higher. Phil Streible is surprised at this, but says that the markets are forward-looking. Federal Reserve's Mester said that more interest rate hikes ahead are likely. Streible says that the deceleration in jobs growth could result in one more interest rate hike.