What Happened After The Last Time The Labor Market Was This Tight?
An extremely tight labor market, coupled with historically low unemployment and high demand for workers put upward pressure on wages and prices, with inflation reaching 6.2%.
Happening Tomorrow At 12:40 p.m. Chair Jerome H. Powell Has Conversation With David Rubenstein, Chairman Of The Economic Club Of Washington, D.C.
https://us02web.zoom.us/webinar/register/8816714856410/WN_fNSYHXbdR7uRFBC7s4MxDQ
Apple’s Rumored iPhone ‘Ultra’ Plan, Bill Gates’ Dig At Elon Musk, Turkey’s Massive Earthquake And More: 5 Key Stories You May Have Missed From The Weekend
It was hardly a slow-news weekend as the U.S. took some coercive action on the Chinese spy balloon hovering in its airspace, and Turkey and Syria suffered a horrendous earthquake that claimed hundreds of lives. On the business side of things, Apple Inc.
Jim Cramer Says Jobs Report Indicates Economy Can Handle More Rate Hikes
Prominent market commentator Jim Cramer reportedly said the January jobs report shows the economy will remain resilient, despite the Federal Reserve’s interest rate hikes.<
‘Risk Of Overheating’: 4 Experts On Hot January Jobs Report, How The Fed Will React
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported blowout U.S. jobs market numbers from January.
Tesla, Meta Stocks: Here Are The Crucial Levels To Watch Next Week
Tesla Inc. (NASDAQ: TSLA) and Meta Platforms Inc. (NASDAQ: META) shares have surged significantly since the beginning of 2023. While Tesla gained over 74% this year, Meta has surged over 51%.
Cathie Wood Says Won’t Be Surprised At Fed’s Rate Cuts This Year: ‘Bigger Risk Is Deflation…Also A Very Big Opportunity’
Cathie Wood of ARK Investment Management reportedly said she won’t be surprised if the Federal Reserve cuts rates this year and that she believes the bigger risk is deflation.
EXCLUSIVE: Wharton Professor Jeremy Siegel Says There’s Only One Indicator Left Standing Between The Federal Reserve And A Pause
Wharton Professor of Finance Jeremy Siegel has been beating the drum on inflation in recent months, urging the Federal Reserve to cast aside lagging indicators.
Now that consumer prices are coming down, he says there's only one indicator left standing between the Fed and a pause.
Jim Cramer Says Mistaken Selling Creates Opportunities To Buy Dips: Bears ‘Still Don’t Know What Hit Them’
Prominent market commentator Jim Cramer asked investors not to get swayed by market bears and use their missteps to boost their own portfolios.