Post AOKB2sUvybLSEU7oS8 by AtlasFreeman@liberdon.com
 (DIR) More posts by AtlasFreeman@liberdon.com
 (DIR) Post #AOKAtipWYIJrdrOEgi by NBS@noagendasocial.com
       2022-10-07T12:49:32Z
       
       0 likes, 2 repeats
       
       Sept payroll and unemployment data released this morning.Sept payrolls 263k vs 255k expectedUnemployment rate 3.5% vs 3.7% expectedAverage Hourly Earnings 0.3% M/M, Exp. 0.3% Average Hourly Earnings 5.0% Y/Y, Exp. 5.0%S&P down 1.5% after the data because the data is relatively positive news. Positive economic data means the Fed has more room to tighten economic conditions, but the market is still focused on CPI next week. Probably going to be a slow day in markets. Happy Friday!
       
 (DIR) Post #AOKB2sUvybLSEU7oS8 by AtlasFreeman@liberdon.com
       2022-10-07T12:51:10Z
       
       0 likes, 0 repeats
       
       @NBS NPR said the Fed is glad the job market is cooling, because labor competition was driving up salaries and they are worried that could drive up inflation.🤡