Fed Hawks Are Becoming Less Hawkish

December’s jobs report reinforces the fact that a softer labor market might prompt the Fed to cut rates, notes Kevin Gordon. He and Collin Martin recap the markets. They preview December’s CPI report which will be released Thursday. Martin highlights that treasuries remain rangebound give the light economic data so far this week. He mentions that Fed hawks are becoming less hawkish and financial conditions remain accommodative. Gordon outlines that sentiment remains a risk to the rally, but breadth is healthier. Tune in to find out more about the stock market today.

Market On Close

09 Jan 2024

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