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On the SPOT™ blog (03/09/2023) [B..]

Markets appear to be in the green this morning. This is perhaps because of the news that unemployment claims spiked last week. The number was above estimates. It looks like all those layoffs are starting to show and the jobs market might be showing signs of cooling (still too early to conclude) and perhaps that is what is giving some investors hope about the magnitude of rate hike.

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