How the stock market is misreading the poor jobs report

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on pocket
Pocket
Share on whatsapp
WhatsApp
Morning Bullets header logo

Your daily source for trading strategies, tech news, and politically incorrect humor.

Hey there, Bullets Fans –

Your Morning Bullets Brief Updates are here! And that means trivia is, too.

Coco-Cola was sold for the first time on this day in what year?

Think you know the answer? You can check it in the closing area down below!

How the stock market is misreading the poor jobs report

Image Source: Reuters

Investors took the poor April jobs report that came out on Friday to mean that the Federal Reserve would not change its policy stance anytime soon, but some analysts aren’t so sure how that will pan out. Yesterday, the Labor Department shared that the nation saw a mere 266,000 new jobs added last month compared to the one million that economists had anticipated. The data sent Treasury yields spiraling down briefly. “I’m wondering if bonds are selling off a little as it just reinforces [Fed Chair Jerome] Powell wanting to be patient,” said John Briggs of NatWest Markets. “But if you’re like me, waiting for the Fed to taper, I think the Fed is going to start talking about it in September. That means the market is going to be talking about it in the summer.What are other economists saying about the data, and what does it mean for you?

Other News That Matters To You:

Why you don’t want to wait on this once-in-a-lifetime opportunity

 

Recommended Link:
Trading Opportunities Like This Are Exceptionally Rare

It’s possible to make 100 times your average investment – rare events that Josh Martinez, a 10+ year expert market researcher, likes to call ‘Heart Attack Paydays’.

Candidly, these events are exceptionally rare.

Like spotting a supernova – once every couple decades or so.

But when these opportunities appear, they tend to pay out BIG.

The last time Josh spotted an opportunity of this size, we were able to turn an initial deposit investment of $500 into $39,282!

Incredible right?

You’d be $38,782 RICHER today, right now, if you had followed these very specific instructions. No exaggeration.

 

This is how virus cases are plummeting in 30 states right now

Image Source: Getty Images

The rate of virus infections is plummeting in 30 states, as well as in the District of Columbia, data shows. And according to the Centers for Disease Control and Prevention, about 45% of the population now has at least shot, while over 33% of Americans is considered fully vaccinated.

All of that said, the rate of vaccinations is falling, decreasing a nearly 40% since the peak.

Right now, there is an average of about 2.1 million daily vaccinations per day, which is drastically less than the 3.4 million shots administered on a daily basis last month.

President Joe Biden said last week that he aims to get 70% of the U.S. population vaccinated by Independence Day.

 

What else does the latest data show?

More Headline You Need To Read:

Thanks for reading once again! And don’t worry, I didn’t forget:

Here’s where you can go to check your answer!

Know someone who should be getting these Bullet Briefs? Make sure to send them over to www.morningbullets.com to subscribe.

Your biggest fan,

Image

Fredrick Frost

P.S.  How useful did you find today’s Morning Bullets? 

Not useful – 22.88%
It was ok – 13.15%
It was good – 38.12%
Very useful – 25.85%

Note: Percentages are updated once per week on Sundays and include all feedback since inception.

Fedrick Frost

Fedrick Frost

News Reporter for Morning Bullets, Writes on Politics, Economy, Business & More. Intrested in sharing news With Fredrick? Click Here

Welcome!

You are now part of the Morning bullets newsletter

let's save the world together