Friday's Jobs Report: Why Bad News Could Be Good News for the Stock Market
The Federal Reserve is dominating market sentiment, and predictions about the Fed's upcoming fed funds rate decisions can turn on just a hint that the economy is weakening. Also on Monday, a U.N. agency warned the Fed and other central banks that continuing interest rate hikes could push the world into a prolonged recession. In normal times, the monthly jobs report is closely watched as an indicator of the health of the economy.
