Stay updated with breaking news from While Focus Point. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
JOLTS (job opening data) had a massive surprise, three standard deviations below consensus estimates, the driving job openings to unemployed workers ratio back to pre-pandemic levels.
The highlight of last week was a showdown between two of the major forces in the markets: AI earnings vs. economic data.
Last week was another week of records for major equity indices: The S&P500 broke to new highs; the DJIA breached 40,000.
Last week was central bank week, with major news from U.S. and Japanese policy makers.
A week ago, we commented in Macro Thoughts to expect more volatility in March. Earnings season is drawing to a close.