Bad News is Good News for the Market

Ballestas Group

Oct 10, 20221 min read

Employment grew in the month of September by 263,000 positions. The unemployment rate declined to 3.5% equaling the lowest level in the last 5 decades. This employment report will be the last prior to the FED meeting in November, so another rise in the interest rate of 75 basis points is anticipated.

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Bad News is Good News for the Market

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