Job market number is optimistic, but really?
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Good morning readers. So the latest job number is optimistic, with more jobs created as compared to market estimates. However, if you do a deep dive, most of the jobs are generated by the private sector, casting a shadow of optimism and hope. As quoted in the first article, this is no hiring boom.
So will this drum up the pressure for the fed to increase rates on top of accelerating inflation rates? Lets see how this plays out.[Bless]
@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
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