Friday’s employment number-

Discussion in 'Economics' started by Motivator, Dec 6, 2023.

  1. Motivator

    Motivator

    Im thinking if we get a weak number and the unemployment rate goes up, the market falls unless its a small change. There has to be a point where weakness is bad for stocks regardless of lower rates.
    Opinions ?
     
  2. SunTrader

    SunTrader

    Oct's release est @ 171k, was 336k (beat) then revised down a little with last report to 297k

    Nov's release est @ 178k, was 150k (miss) might be revised (up/down?) on Fri

    But I have no opinion what the numbers, revised or otherwise, will be.

    Just wait and see, then take a position.