Market conditions are Bullish in a Bear Market as of 2022-12-01. This means traders and investors should consider trading with a Neutral or Bullish bias by buying stocks and setting tight stops. The rank of the Bear Market is -15.74 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read More(Bloomberg) — The latest US jobs report doused nascent optimism that the American economy was weakening enough to warrant a go-slower approach by the Federal Reserve in its battle against inflation. Hiring topped estimates and wage growth accelerated more than expected last month, upending expectations that had built across Wall Street in recent weeks. Futures […]
Read More(Bloomberg) — The latest reading of the US labor market on Friday is expected to show job growth on more of the downward glide path sought by Federal Reserve policy makers in their fight to beat back inflation. Payrolls are projected to have risen about 200,000 in November, a second month of decelerating gains. Such […]
Read More(Bloomberg) — US companies hired at a solid clip in September, suggesting demand for workers remains healthy despite rising economic uncertainty. Businesses’ payrolls rose 208,000 last month after an upwardly revised 185,000 gain in August, according to data from ADP Research Institute in collaboration with Stanford Digital Economy Lab. The median forecast in a Bloomberg […]
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