Post by
ABP123 on Jul 05, 2024 9:20am
Jobs Numbers
US Job numbers.... Not bad enough to guarantee the two rate cuts the market has priced in, but not good enough to guarantee the US economy will not have a recession. Unemployment rate up .1% and the May numbers revised downwardly by 54,000 which is about 20%.
Canada.... Well what did we expect? 1,400 jobs lost, unemployment up .2% I guess the odds of a BOC cut this month just went up.
Curious what the market thinks. However A I earnings start in about 4 weeks. They will save us.