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Even if Markets Shrug Off a Weak Jobs Report, the Fed Likely Won’t

August 22, 2023
in Trade Tube
Reading Time: 1 min read
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Next week, we’ll get a slew of economic data including the all-important nonfarm payrolls report for February. RealMoney Pro Contributor Chris Versace says a weaker-than-expected jobs number seems to be expected, so markets may shrug it off. However, he says the Federal Reserve likely will not shrug it off and will most likely continue to taper its bond-buying program. Leading up to the report, Versace says he’ll also be watching other data including February auto and truck sales.

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