A 150K increase in total employment is exactly what the Fed wants to see, notes Joe Brusuelas. He discusses how stocks rise on a soft jobs report. He talks about how the slower pace of hiring above inflation wage gains point to further economic growth albeit well below the gaudy 4.9% of 3Q this year. He also goes over when the Fed could start cutting rates. He then looks at how the Fed will react to the latest jobs report. Tune in to find out more about the stock market today.
Trading 360
03 Nov 2023
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