Morning Note | November 5, 2021
Good Morning!
Futures are up on jobs report day. Consensus estimates are calling for 450K new jobs compared to the 194K created last month. The unemployment rate is currently at 4.8% but economists are forecasting that to fall another tenth to 4.7%. Wages will be the variable that is given the most scrutiny given the tight labor markets. It is also the f…
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