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Category labor market

Goldman Sachs’ Vice Chair Says Labor Market Even Weaker Than Figures Suggest, Predicts When the Fed Could Announce a Rate Cut

Goldman Sachs’ Vice Chair Says Labor Market Even Weaker Than Figures Suggest, Predicts When the Fed Could Announce a Rate Cut

Goldman Sachs Vice Chairman Robert Kaplan believes that the US labor market is even worse than the job data shows. Kaplan, the former president of ...
Fundstrat’s Tom Lee Predicts Major Stock Market Surge, Says Fed Has Gained ‘More Ammunition’

Fundstrat’s Tom Lee Predicts Major Stock Market Surge, Says Fed Has Gained ‘More Ammunition’

Prominent analyst and Fundstrat managing partner Tom Lee believes the US stock market is gearing up for another huge upside burst. In a new CNBC in...
Fed Could Slash Rates by 50 Basis Points in September After Weak Jobs Report, Says BlackRock Executive: Report

Fed Could Slash Rates by 50 Basis Points in September After Weak Jobs Report, Says BlackRock Executive: Report

BlackRock executive Rick Rieder reportedly thinks the U.S. Federal Reserve could slash rates by 50 basis points in September. Rieder, the asset man...
Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says

Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says

A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC pri...
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide

Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide

Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition...