12/7/2023 0 Comments Siemens stocks"The totality of the labor market data is telling us that things are getting better. Ladner is optimistic that the labor market is softening with respect to the latest jobless claims and private payrolls data. While investors aren't hoping for a recession, they are wishing for some labor market weakness that would cause the Federal Reserve to rethink raising rates again and halt the run in Treasury yields to 16-year highs. On Friday, economists polled by LSEG believe nonfarm payrolls for September will show a 170,000 increase, down from a 187,000 jobs gain in August. These adjustment periods are tough," said Horizon Investments chief investment officer Scott Ladner. "We're in the middle of a transition from what everybody thinks is a low rate environment, to a kind of more normalized rate environment. The 10-year Treasury yield initially ticked up after the jobless claims report before inching down. While the slight increase in jobless claims was about in-line with the Street, it disappointed some investors hoping the weekly data would start to signal a labor market breakdown and end the run in rates that's hurting stocks. Economists had forecasted 210,000, according to a Dow Jones consensus estimate. 30, up just 2,000 from the prior week's numbers. Weekly initial jobless claims came in at 207,000 for the week ending Sept. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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