Live Breaking News & Updates on Lauderdale Kimmitt

To the inability to get a nafta replacement deal done with mexico and canada, to the federal reserves lack of sensitivity to the strong dollar put it all together and the industrial economy just cant catch a break. And thats why the market exploded higher on that robust employment figure. Dow gaining 373 points, s p soaring 1. 2 nasdaq surging 1. 40 it didnt hurt that we were oversold look, i know the Unemployment Rate is down to 3. 5 lowest in nearly 50 years. But it has to do with the makeup of the economy the manufacturing side of the ledger is not just doing that well the weakness in manufacturing hiring gives fed chief jay powell all the ammo he needs to justify cutting the federal funds rate that may make it more in sync with the traditional curve of low short rates to higher long ones normally, you wouldnt expect the fed to hit the accelerator with the jobless rate this low, but wages are still stagnant and theres no inf ....

New York , United States , Al Iskandariyah , Carl Quintanilla , Larry Kudlow , Wendy Hasan , Lauderdale Kimmitt , Yom Kippur , Jim Cramer , Carter Werth , Charlie Scharf , Just Catch , Unemployment Rate , Jay Powell , Rate Cut , Car Loans , Interest Rates , Party China , Good Way , Good Things , Like Market , Good Faith , Table Stakes , Market Ready , Quarter Report , Online Delivery Services ,