Name: Good News Is Good News Or Bad News Is Good News? Indices Holding In
Uploaded: 2023-05-05T15:14:15.439
Duration: 7 min 37 s
Description: Indices are still holding in even with the higher than expected Employment Situation number. Scott Bauer says that typically a strong jobs report is not good for the markets, but that is not happening today. Jerome Powell wants to weaken the economy and weaken the labor market. Will there be added pressure now and could the June 2023 FOMC raise interest rates again?

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Indices are still holding in even with the higher than expected Employment Situation number. Scott Bauer says that typically a strong jobs report is not good for the markets, but that is not happening today. Jerome Powell wants to weaken the economy and weaken the labor market. Will there be added pressure now and could the June 2023 FOMC raise interest rates again?