Today's trading. The unemploym

2022-11-04

Today's trading.

The unemployment rate is released today at 8:30 AM U.S. time. When it is higher than the forecast (3.6%), it acts as a good news for the stock market, and when it is lower than the forecast (3.6%), it acts as a bad news.

My personal opinion, if not this time, is that the unemployment rate is likely to rise gradually and may slow or hold the pace of US FOMC rate hikes.

The current low unemployment rate is due to the large number of seasonal short-term jobs. Amazon and other large companies are already cutting their workforce and have stopped expanding.

Modified in.2022-11-04

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

暗黑传
2022-11-04
暗黑传
ok
Geoteow
2022-11-04
Geoteow
K
sujjup
2022-11-04
sujjup
no👍
TeoJC
2022-11-04
TeoJC
[OK]
VKHO44
2022-11-04
VKHO44
[Happy]
JozzoL
2022-11-04
JozzoL
[Strong]

Leave a comment

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