Jobs News Wall Street Brunch Will The Jobs Market Keep Humming
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Wall Street cheers bad jobs news as it nudges the Fed toward cuts
Wall Street is once again treating bad news on jobs as good news for markets, betting that a softer labor backdrop will finally push the Federal Reserve toward deeper rate cuts. A weaker hiring ... Read More
For Wall Street, pandemic-level bad news for jobs is good news for stocks—it pushes the Fed further into cutting territory
Wall Street is hoping for a Christmas miracle with a final interest rate cut from the Fed, bringing the base rate down to 3.5% to 3.75%, and recent jobs reports may just have sealed the deal.Investors ... Read More
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