Friday, May 7, 2021

APR NFP 266K against 1M expected ..!

teenies dropped to 1.47 in pre-market but returned to 1.584 at the high

so the question is do we need more stimulus to open more jobs or people are complacent with stimulus/benefits and no more interested for a job ..?

is it about creating more jobs or we are dealing with a wage inflation situation ..?

regardless of the numbers, market rallies.

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