How The Fed Could Start Loosening Financial Conditions

All eyes and ears will be on Friday’s jobs report, particularly as a lead-in to next week’s FOMC meeting, notes Liz Ann Sonders. She monitors stock rotation trends. She talks about how she is interested to hear whether Powell approaches the loosening in financial conditions. She discusses how there is an ongoing “stealthy” rotation within equities, and she would “fade” low quality and remain up in quality. She then goes over how Powell could approach loosening financial conditions. She also looks at takeaways from this week’s jobs data. Tune in to find out more about the stock market today.