So far the Fed has appeared to thread the needle of a soft landing, says Frances Newton Stacy. She and Ted Rossman break down today's jobs report. Frances notes that there was a blowout jobs report without a corresponding spike in wages. Ted mentions that the strong jobs market is helping to keep delinquencies and defaults relatively low. They talk about how non-farm payrolls came in at 517K versus an estimated 185K. Tune in to find out more about the stock market today.
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