Labor Department releases the jobs number FRIDAY MARCH 8# Stock
m*y
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FRIDAY MARCH 8
Arguably, the biggest catalyst for stocks comes on Friday, when the Labor
Department releases the jobs number.
This piece of economic data is fraught with troubles for the market. If
employment comes in much higher than expected the market could sell-off,
with investors fearing the Fed may take the foot off the gas, and begin to
withdraw at least some support. And if it's it's too low, the market could
sell-off on fears that the economy is too fragile to withstand sequestration.
"We really need to thread the needle on Friday," said Cramer. "However, I'm
looking for a Goldilocks number that will be just enough to justify Bernanke
's program while still allowing the economy to percolate," Cramer said.
好像要跌啊？
Arguably, the biggest catalyst for stocks comes on Friday, when the Labor
Department releases the jobs number.
This piece of economic data is fraught with troubles for the market. If
employment comes in much higher than expected the market could sell-off,
with investors fearing the Fed may take the foot off the gas, and begin to
withdraw at least some support. And if it's it's too low, the market could
sell-off on fears that the economy is too fragile to withstand sequestration.
"We really need to thread the needle on Friday," said Cramer. "However, I'm
looking for a Goldilocks number that will be just enough to justify Bernanke
's program while still allowing the economy to percolate," Cramer said.
好像要跌啊？