Bad news Good news. The DOW will not like this report as it increases the chances of the Fed increasing rates again on the next go around. Hopefully, the Fed doesn’t tip us into a recession with more rate hikes. This is a crazy report after 18 months of interest rate hikes.
www.cnn.com
Jobs report shock: American economy added a stunning 336,000 jobs in September
US markets chewed over the latest jobs report showed the economy added a whopping 336,000 positions last month. While that's better than August's tepid figures, it's not exactly the cooling labor market Fed Chair Jerome Powell is looking for to keep inflation in check.
