What Jan. Jobs Report Means For The Fed | Crude Remains High

Non-farm payrolls for Jan. 2022 came in at 467K, exceeding the estimate of 150K. It seems like investors have scaled back their growth prospects thinking there's going to be a worldwide overshoot by central bankers, says Larry Shover of D. Alexander Capital. Ben and Larry discuss the yield curve. Larry is shocked by the gains in crude oil futures (/L). Larry doesn't think gold futures (/GC) have nowhere to go but falter but points out that it continues to hold up. Larry and Ben discuss the Bank of England's interest rate hikes.