Stock Market Panic: Why Strong Jobs and Inflation Signal Trouble Ahead
January 11, 2025
December non-farm payrolls data came in much hotter than expected. More jobs were added, the unemployment rate dipped slightly, and average hourly wages rose. Overall, it was a solid employment report, but the stock market didn’t like the news. Throw in the rise in inflation expectations to 3.3% in January as per the University of […]