Jobs Numbers and S&P500 Market Forecast

Posted by Patrick Ceresna on Sep 6, 2013 6:45:00 AM

The market is in a holding pattern anticipating this morning’s Jobs numbers which many are touting as the most significant jobs number of the year in regards to the Federal Reserve’s decision to begin tapering. At the time of writing, the S&P500 futures are consolidating just above the 1650.00 level. I think the markets will gauge the jobs numbers by the reaction of the bond markets which continue to decline forcing interest rates higher. 

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Topics: Market Forecast, s&p500, Jobs numbers

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