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Examining The Labor Market

Despite broader market headwinds like inflation, the Delta variant of COVID-19 and ongoing supply-chain disruptions, the major U.S. stock indices are trading at or near all-time-highs. Christopher Dearborn examines what’s boosting markets, including a positive start to 3Q earnings and an improving labor market. Dearborn notes the trend to the downside in jobless claims is hitting pre-pandemic levels, which could be a positive indicator ahead of October’s highly-anticipated jobs report.

The Watch List

22 Oct 2021

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