1306 Papermill Pointe Way,
On February 3, 2022
February 3, 2022
The Key Questions…Will tomorrow’s job report make the Fed more hawkish and how will the Markets react?
If the answer is “yes,” then we will see this four-day rally likely reverse, potentially hard.
Unlike most jobs reports, the headline job adds figure won’t be the number that really determines whether this report is “Too Hot” or “Too Cold.” The financial media will focus on that number and algos will trade off it immediately following the release, but from a Fed standpoint, that’s not the key number because the Fed knows that the Omicron variant is....
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