Labor Market?

 Micro Trades


Labor Market?

A weaker job picture may help central banks, who have voiced concerns about tight labor markets and strong wage growth sustaining inflation pressures. A weakening job outlook may allow central bankers to eventually move toward a more dovish stance, which might boost stocks. However, the shift from shortages to gluts in the labor market may not be fast enough to bring down core inflation materially by year-end to allow central banks the freedom to declare victory over the drivers of inflation and begin to cut rates aggressively.  

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