surveys

What does Friday's jobs report mean for the market? 'Too hot' and stocks could tumble, says market pro

What does Friday’s jobs report mean for the market? ‘Too hot’ and stocks could tumble, says market pro

With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday’s monthly U.S. jobs report may once again carry risks for the stock market, said Tom Essaye, a former Merrill Lynch trader and the founder of the Sevens Report newsletter. The Labor …

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Stagflation concerns mount: Americans are increasingly worried about red-hot inflation, jobs and their own deteriorating finances

Stagflation concerns mount: Americans are increasingly worried about red-hot inflation, jobs and their own deteriorating finances

Consumer inflation expectations are back at record highs, but people have no plans to slow their spending, according to a regional Federal Reserve bank survey released Monday. Households saw a 6.6% median inflation rate in the year ahead, tying a record high first set in March, according to the Federal Reserve Bank of New York’s …

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