Page 112 - Moving Average News Today

Yields began moving lower yesterday. Today, the US Dollar took its turn to move lower.

Most are expected a hike of 50bps; however, some are hoping that it may hike as much as 75bps!

Whenever the exchange rate has reached these levels in the past, the BOJ and other Finance officials made threats to intervene in the market.

What makes this number strong is that the amount of full-time jobs was +92,700 vs a loss of 29,300 part-time jobs.

Historic jobs boom and the numbers also really suggest that despite covid and high inflation, the economy is ending the year in pretty good shape. as you mentioned, jobless claims dipping, theyre holding near this 52-year low that was set earlier this month. simply put, workers are in high demand and companies are not letting go of the workers that they have, and as you mentioned, if four-week moving average, which smooths out some of the volatility that we see week to week, that is actually dow...

Still have to use precautions regardless of the test result. >> all right. good advice as always do. jorge rodriguez, thanks so much for being here, appreciate it. happy new year. >> you, too, sir. >> good news on the state of the economy. new unemployment claims drop to near historic lows last week at 198,000. cnns matt egan joins us now. matt, this is one snapchat within a very tricky economic picture overall, but explain to us how this new data does fit into that picture. >> wealth, brian, it...

Either. instead, the medical supply chain expert you heard from at the end of the story says that the government should be negotiating better trade deals to ensure that wages and standards in places like china, malaysia, and thailand are comparable to american wages and standards so that u.s. producers can actually compete on a level playing field, alisyn. >> really interesting inside look, scott, thank you so much. all right, well, the number of americans filing claims for unemployment benefi...

Parade, and we are starting to see the police come down the parade route, the -- there are no vax mandates, no mask mandates. however, the mayor is advising those who are immunocompromised to stay home. but we talked to some folks here, and as you can see, judging by the crowds, it appears that covid does not appear to be top of mind for these folks. >> its gasparilla. its tampas number one holiday. >> covid canceled us and now were back, i think stronger than ever. >> take your vaccine, take yo...

That is the theme, the trend in the job market. the four-week moving average of the jobless claims, not to get too wonky, the lowest since 1973. the trend here very good. layoffs are not the hallmark of the job market anymore. it is resignations. you look at total quits last year, more than 47 million people quit their jobs, thats an astonishing number and it shows you the churn in the labor market, going for better pay, for entirely new industries and theyre being recruited. the wall street jou...

Goldman sachs saying theres about a 5% chance because of all these -- 35% chance because of all of these factors. mike: the fed is expected to take corrective actions on interest rates. what will be the impact and how quickly? >> well, the impact will be immediate. youre going to see borrowing costs for everything go up. and, mike, although im sounding quite sour, i would never bet against america. i do think, however, now is a time for caution not just when it comes to borrowing money, but also...