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On the SPOT™ blog (11/03/2023) [A..]

This morning (PST) all three major US indices are in the green following the jobs report from the Labor department. Report showed that nonfarm payrolls increased less than estimated in October and that the unemployment rate ticked up. Wage growth also seems to be have slowed. Feds' tight fiscal policy might have had an impact but UAW strike might also have played a role in last month's numbers. In any case, for now it raises speculation about Feds being done with rate hikes.

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