'Bad News is Good News:' Weak Jobs Print May Signal Rate Cuts
Schwab Network · Schwab Network
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Show Notes
Friday's jobs print is expected to move markets into the opening bell. Charles Schwab's Nathan Peterson believes "bad news is good news" again, meaning that markets can move higher on expectations that the FOMC will cut interest rates if the job market shows continued deterioration. He also talks about the volatile trading action brought by Tesla (TSLA) headlines.
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