On the SPOT™ blog (04/06/2023) [C..]
Markets seem to be mildly in the red this morning (PST) as it appears as if investors are pausing for the jobs report due tomorrow and Q1 earnings season to kick off. This morning's economic news continued the narrative that perhaps there are credible signs that Feds' interest rate campaign is starting to show effects of slowing the economy down as last week's unemployment claims number (from Labor department) came in higher than estimated (albeit the number dipped). One of the Federal Reserve officials' comment also suggested that financial conditions have tightened. "Soft landing" or recession is perhaps the debate these days.
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