Upside To Hiring Brings Cheer to Market Outlooks

Weekly Update

Upside To Hiring Brings Cheer to Market Outlooks


Published October 11, 2024

 

Below we summarize from a recent Blaine Rollins post to highlight the ripple effect of last week’s surprisingly positive monthly jobs report.

“Nothing like a positively surprising set of economic numbers to put everyone in a good mood. The 4.05% unemployment rate combined with a +100k beat in the non-farm payroll figure is going to put the Fed’s dour year end jobs projections in jeopardy. (more…)