U.S. Jobs Report Suggests No Pressing Need For The Fed To Cut Rates
US jobs rose by a stronger-than-expected 216,000 in December, dampening talk of a March Fed rate cut.
U.S. Q4 GDP Growth Expected To Support Soft Landing Outlook
The U.S. Bureau of Economic Analysis is projected to report that growth slowed to a 1.6% gain (seasonally adjusted annual rate), which is the current median nowcast.
Jobs Up 216,000 But Employment Down 683,000 Job Revisions -71,000
The headline jobs number is much weaker than appears at first glance. Full time employment declined by over 1.5 million. Revisions hugely negative.
Stocks Bounce Back Despite Looming Weekly Losses
Stocks are higher today, but it's likely a little too late for the three major indexes to avoid weekly losses.
Chart Of The Week: ISM Services Employment Collapse
The ISM Services Employment Index. Services have been extremely strong for the last few years and it’s been a consistent bright spot in the economy.
Job Report Shocker Feels Likes Stagflation
The December job report was much hotter than expected but had a stagflation-like feel when digging deeper into the numbers.
Softs Report - Friday, Jan. 5
Cotton closed lower yesterday in sideways trading. Demand for US Cotton in the export market has improved over the last couple of months and was very strong last week.
GBP Stays Bid
The release of the latest UK construction PMI data today has further added to bullish sentiment. The reading jumped to 46.8 from 45.5 prior, above the 46.1 the market was looking for.
Oil In The Middle East Sparks Market Surge
As global tensions escalate in the Middle East, the oil market is experiencing a surge in prices.
Bull of the Day: NRG Energy
NRG Energy (NRG) , a Zacks Rank #1 (Strong Buy), operates as an integrated power company in the United States.
What Happened To Ab Inbev Stock After The Mulvaney Crisis?
AB InBev share price has lagged the market since April 2023. That is when the Dylan Mulvaney public relations disaster started. Still, the stock has erased most of the losses it made in 2023.
US Market Commentary - Friday, Jan. 5
The latest set of jobs data out of the US today has added further pause for thought for those projecting near-term US rate cuts.
December Jobs Report: Consistent With A “Soft Landing,” Despite Discordance In Household Data
My focus remains on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether deceleration is ongoing.
December Payrolls Unexpectedly Surge As Wages Jump, Unemployment Remains Low
In December the US added a whopping 216K jobs, smashing estimates of 175K.
Current Analysis: Suncor Energy (SU)
Over the past year, Suncor share price increased about 33% from $29.82 to $33.69 as of Thursday’s market close.
Constellation Brands Tops Q3 Expectations With $3.24 EPS
Constellation Brands reported a strong Q3, achieving $2.47B in sales and an EPS of $3.24.
Trading The January Effect: What To Know
The January Effect is a notable phenomenon in the financial world characterized by a tendency for stock prices to experience an increase during the first month of the year.
US Job Market Sees Robust Growth In December 2023, Surpassing Expectations
While there are areas of slowdown, particularly in leisure and hospitality, the overall employment landscape suggests a steady recovery trajectory.