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A Weaker Jobs Report Would Mean Stagflation - BofA Analyst

seekingalpha05-03

A weaker jobs report would be a stagflation signal, raising odds of a sell-off in the stock market, said BofA Strategist Michael Hartnett. This morning, the U.S. released its jobs report. Total non-...

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  • We are all waiting for the moment when the Feds announce the rate cuts, which will start off the race in the stock market to see who reaches the moon first. Ready to run?
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  • Dr Rck
    ·05-03
    The market will drop soon before the rate cut kicks in which may or may not happen in June! It has to show persistent job loss before intervening!
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