What does Friday’s jobs report mean for the market? ‘Too hot’ and stocks could tumble, says market pro
September 1, 2022 by secret
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[ad_1] With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday’s monthly U.S. jobs report may once again carry risks for the stock market, said Tom Essaye, a former Merrill Lynch trader and the founder of the Sevens Report newsletter. The