Markets Ignore BLS Jobs Revision Lower, PPI to Put Investors to Test
Schwab Network · Schwab Network
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Show Notes
Nathan Peterson with Charles Schwab is surprised to see markets higher after the Bureau of Labor Statistics revised U.S. jobs 911,000 lower from April 2024 to March 2025. He makes the case that A.I. remains the leading driver behind the bull market. When it comes to Wednesday's PPI print, Nathan expects markets to hold a "glass half full mentality" as long as earnings continue to come in strong. He adds that April's sharp sell-off added leverage against seasonal volatility in September.
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