Bad news is good news, as long as it isn't too bad.
Stocks rallied sharply after the Labor Department said nonfarm payrolls rose by 150,000 in October — 20,000 fewer than expected.
Traders work on the floor of the New York Stock Exchange on November 02, 2023 in New York City.Friday's market reaction to the jobs report comes down to a simple premise: — 20,000 fewer than expected but a difference attributable pretty much completely to the auto strikes, which appear to be over. "We've seen one or two head fakes in this direction before, but the fact that this report followed other weaker-than-expected economic data points this week may encourage investors who have been waiting for a less-hawkish Fed," he added.However, that cut could be the really bad news, as it likely would signal the Fed's concern that the economy is slowing so much that it needs a boost from monetary policy.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
The Bad Guys: A Very Bad Holiday – Key Art, Trailer, & Images ReleasedContinuation of the film narrative that follows several reformed yet misunderstood villains known as Mr. Wolf, Mr. Piranha, Mr. Snake, Mr. Shark, and Ms. Tarantula. The five tire of a life of crime and decide to live their lives as forces of good. SUBSCRIBE: https://bit.
Baca lebih lajut »
The Bad Guys: A Very Bad Holiday Trailer ReleasedThe Bad Guys holiday special debuts on Netflix November 30th.
Baca lebih lajut »
16 Homeowners Who Ruined Their House With Bad DIY JobsUsing leg hair as a seat warmer is absolutely unhinged.
Baca lebih lajut »
Senate Democrats move to confirm 400 military officers: Tuberville holds ‘a bad idea,’ McConnell says“Every day that Sen. Tuberville continues his blanket holds our military preparedness is degraded,” Sen. Chuck Schumer said.
Baca lebih lajut »
‘Boy Swallows Universe’ Teaser — Phoebe Tonkin Is a Bad MotherNetflix released a teaser for Boy Swallows Universe, a new series exploring family, crime, and addiction in 1980s Brisbane.
Baca lebih lajut »
‘Synthetic fraud’ a different spin on identity theftIt’s so bad, that some financial institutions are struggling to deal with it.
Baca lebih lajut »