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Bad News is Good News for the Market

  • Ballestas Group
  • Oct 10, 2022
  • 1 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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