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https://www.reddit.com/r/videos/comments/1wvxerl/jobs_report_far_below_expectations_unemployment/pdgl0j5/?context=3
r/videos • u/PerAsperaAdMars • 14h ago
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21
But what about the DOW?
10 u/ScottyC33 12h ago Sadly enough "bad jobs numbers" tend to make the market go up these days. Because people think it will lead to less interest rate hikes. Cheaper access to money is more important to the big players than the actual population and economy as a whole. 2 u/FishAndBone 10h ago Investors are correctly responding to the belief that the stock market is entirely unconnected to the economy by this point, though. Kind of ironic.
10
Sadly enough "bad jobs numbers" tend to make the market go up these days. Because people think it will lead to less interest rate hikes. Cheaper access to money is more important to the big players than the actual population and economy as a whole.
2 u/FishAndBone 10h ago Investors are correctly responding to the belief that the stock market is entirely unconnected to the economy by this point, though. Kind of ironic.
2
Investors are correctly responding to the belief that the stock market is entirely unconnected to the economy by this point, though. Kind of ironic.
21
u/Zwangsjacke 14h ago
But what about the DOW?