Today’s jobs numbers clarified almost nothing about market fears/hopes
In the morning that disappointing jobs news led U.S. stocks down with the Standard & Poor’s 500 falling 1.5%. Fear that the U.S. economy might be slowing and would therefore play into—rather than counter—a slowdown in the global economy drove the losses. In the afternoon, however, stocks rebounded with the S&P 500 finishing up 1.43% on the day on hope of a delay in any interest rate increase.
Saturday Night Quarterback says, For the week ahead expect…
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