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Jobs Growth Slows, Unemployment Ticks Up, Wage Increase Cools: 'The Market Should Love This Report'
Friday, May 3, 2024 - 12:08pm | 901Read More...In April, the U.S. economy added 175,000 jobs, falling short of expectations and down from the 315,000 jobs added the previous month. Surprisingly, the unemployment rate inched up from 3.8% to 3.9%, although maintaining a level below 4% for the 27th consecutive month—a streak not seen since the...
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Wage Growth Slows – Stock Market Celebrates, Five Real Reasons Apple Is Running Up
Friday, May 3, 2024 - 10:58am | 1542Read More...To gain an edge, this is what you need to know today. Reduce Hedges And Deploy Cash Hedges are profitable. It is time to take more partial profits. It is time to deploy slightly more cash. Wage Growth Slows Please click here for an enlarged chart of SPDR S&P 500 ETF Trust...
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Powell Rally Vanishes, Qualcomm Heightens Apple Concern, Mother Of All Reports Ahead
Thursday, May 2, 2024 - 12:50pm | 1525Read More...To gain an edge, this is what you need to know today. Key Events Ahead Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the steep rally that started on Powell...
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April Jobs Report Preview: Bank Of America Anticipates Solid Payrolls Growth, Rising Wage Pressures
Wednesday, May 1, 2024 - 12:02pm | 572Read More...Bank of America U.S. economist Michael Gapen recently provided insights into the expected performance of the U.S. employment sector for April, forecasting nonfarm payrolls will see an increase of 250,000, marking a slight deceleration from the 276,000 average gain over the previous three months....
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Private Employment Increases By 192,000, Beats Forecasts: 'Hiring Was Broad-Based In April'
Wednesday, May 1, 2024 - 8:23am | 386Read More...The rate of job creation in U.S. private sector businesses surpassed predictions in April, indicating continued strength in the employment landscape. Private employers added 192,000 new jobs last month, slightly down from an upwardly revised 208,000 in March, surpassing the projected 175,000,...
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March's 'Blowout' Jobs Numbers Underscore 'American Exceptionalism': 5 Economists Analyze 2024 Rate Cut Implications
Friday, April 5, 2024 - 11:55am | 963Read More...In March, the U.S. labor market surged beyond predictions, with 303,000 nonfarm payrolls added, surpassing expectations of 212,000. This marked the highest figure since May 2023 and accompanied a slight decrease in the unemployment rate from 3.9% to 3.8%. We covered it first here: US Labor Market...
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March Jobs Report Preview: Could Friday's Data Steer The Fed Toward Rate Cuts?
Thursday, April 4, 2024 - 11:54am | 797Read More...The Bureau of Labor Statistics (BLS) is set to release the much-anticipated jobs report for March on Friday at 8:30 a.m. EST. Automatic Data Processing Inc. (ADP) provided a glimpse into private sector employment trends ahead of the BLS's report. Growth exceeded expectations for February as private...
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Private Employment Grows By 184,000 In March, Tops Expectations: 'Pay Is Heating Up'
Wednesday, April 3, 2024 - 8:45am | 416Read More...The pace of employment growth among U.S. private businesses exceeded expectations in March, signaling ongoing resilience in the job market. According to the most recent ADP National Employment Report, private employers expanded their workforce by 184,000 new jobs last month, up from 140,000 in...
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Mother Of All Reports Give Ammunition To Both Bull And Bears
Friday, March 8, 2024 - 11:47am | 1574Read More...To gain an edge, this is what you need to know today. A Murky Report Please click here for an enlarged version of the chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that in the big...
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Fed Rate Cut Expectations Rise After February Jobs Report: Friday's Stock Movers
Friday, March 8, 2024 - 10:35am | 777Read More...The February labor market report presented mixed signals on the employment front, with a notable and larger-than-expected increase of 270,000 in nonfarm payrolls over the month, yet a higher-than-expected rise in the unemployment rate, moving from 3.7% to 3.9%. Additionally, the employment changes...
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Jobs Report Upsets Bulls' Hopium But They Might Not Care, Layoffs Help Meta And Amazon Add $275B In Market Cap
Friday, February 2, 2024 - 1:32pm | 1586Read More...To gain an edge, this is what you need to know today. Blowout Jobs Report And Earnings Please click here for an enlarged version of the chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows a rally...
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January's 'Wow' Jobs Report: 9 Economists On What's Next For Fed Rate Cuts, Stock Market
Friday, February 2, 2024 - 12:40pm | 1214Read More...U.S. January jobs report defies expectations with strong growth in payrolls and wages, raising concerns over inflation and Fed's policy decisions. The January jobs report delivered a stunning testament to the enduring strength of the U.S. labor market, surpassing even the most optimistic forecasts...
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US Economy Adds 353,000 Payrolls In January: Monster Job Growth Well Above Expectations, Destroys Fed Rate Cut Bets
Friday, February 2, 2024 - 9:40am | 403Read More...The U.S. labor market showed surprising strength in January, adding far more jobs than economists anticipated and revealing a significant increase in wage growth. The jobs report, published Friday by the Bureau of Labor Statistics, includes the following data: Non-farm payrolls increased by 353,...
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December Jobs Report: Do Economists See Cooling Signals Or Steady Growth?
Friday, January 5, 2024 - 5:13pm | 698Read More...The Bureau of Labor Statistics’ December jobs report released Friday generated varied reactions from economists and financial analysts. With non-farm payrolls (NFPs) growing by 216,000 and surpassing expectations, wage growth advancing more than expected and unemployment holding steady at 3....
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Mother Of All Reports Goes Against The Stock Market's Consensus Of Immaculate Everything
Friday, January 5, 2024 - 1:59pm | 1309Read More...To gain an edge, this is what you need to know today. Mother Of All Reports Please click here for a chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market has pulled...
















