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It’s US jobs week. Here’s what to watch

From cnn.com

Welcome to jobs week. The March employment report, due out on Friday, will be the main focus for investors this week. They will be watching closely to see if the labor market is powering ahead, resilient despite still-sour economic sentiment on Main Street, or if the data is beginning to show a sustained slowdown. It could be another case of “bad-news-is-good-news” on Wall Street if higher unemployment prompts the Federal Reserve to lower interest rates. Fed Chair Jerome Powell said last week that a weakening labor market would be a reason to reduce interest rates. And while analysts aren’t forecasting any sudden ... (full story)

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  • Category: Fundamental Analysis