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For the stock market, jobs report reaction shows bad news is good news nowThe government's nonfarm payrolls report showed growth of 155,000. Though that's still a pretty healthy level of gains this late into an expansion, it could be enough to make the Fed hesitate about its plans to keep raising interest rates. Because the Fed might slow down on hikes? That's my guess & terrible if that's the case. Rates need to keep moving up.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »
'Robust' jobs market sees another 227,000 hires in OctoberCompanies continued to hire at a brisk pace in October, with private payrolls rising by a better-than-expected 227,000, according to ADP and Moody's Analytics. Trump winning again - can't wait to see how Dems smokescreen this. I see a false accusation of rape in our media future . The remains of a corpse are found at the Vatican Embassy in Rome. I want a thorough investigation into who did this, I want a media buzz on who is behind this awful garage inside the Vatican Embassy!!? Is there a responder? Any comment?
Fonte: CNBC - 🏆 12. / 72 Leggi di più »
The big market rebound may not come before another scary test of the October lowsWall Street has been waiting for a year-end rally, but some strategists say it's more likely the market will see more selling, before staging a comeback. Here's the thing. jimcramer says you can't have a rally without $FANG. And since Cramer is usually right, it may slide some more. But what should be doing well isn't happening, there might be something I'm not seeing. A retest of the October lows is definitely on the cards. I am questioning the rebound before... Brexit news today will give another boost to to risk bears and the story if far from over, on top of earnings concerns, ongoing fed tightening etc... trading fx trading equities
Fonte: CNBC - 🏆 12. / 72 Leggi di più »