Markets Balk At A Strong U.S. Jobs Report
Source: SeekingAlpha
2025-01-11 12:30:00 ET
Summary
- The better-than-expected December US payroll report was viewed negatively by financial markets.
- Good news for the economy can become bad news for markets when inflation concerns are prevalent.
- I’d still prefer strong nominal growth and fewer rate cuts rather than weak growth and more rate cuts.
By Brian Levitt, Global Market Strategist
With respect to Sex and the City 's Carrie Bradshaw, I'll use my column to pose a question to the reader: When is good news actually bad news?...
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Markets Balk At A Strong U.S. Jobs Report
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