Tight Job Market Persists: Listen To Powell's Language

The market is appropriately approaching the Fed meeting with a cautious stance, says Kevin Gordon. He and Nathan Peterson discuss the outlook for the Fed in the coming weeks. Kevin notes that Powell's language around the labor market will be important to listen to. Nathan says that manufacturing is weak, inflation is trending lower but is not yet at the Fed objective, and the tight job market persists. They then go over today's notable postmarket earnings which include AMD, SNAP, EA, WDC, MTCH, and AMGN. Tune in to find out more about the stock market today.

Market On Close

01 Feb 2023

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