How Will the Market React?
The jobs report has been released and to this point the market has not been concerned about recent job losses.
PRE-OPEN MARKET COMMENTS FRIDAY - Yesterday the market rallied ahead of the jobs report. It left the impression that regardless of the outcome, stocks were going to move higher. If the number was light, that would increase the odds of a rate cut in 10 days. If the number was good, the Fed still might cut and conditions are not as bad as feared.
Daily Bulletin Continues...