ilmscore | Prediction Details
"the jobs report recently the economy added 236000 jobs which normally is supposed to be a good thing but right now the stock market sees this as a bad thing because again it gives more reason to the FED to raise rates because it sees the economy as being too hot and it needs to slow it down by raising those rates"
By Andrei Jikh | October 10, 2022 | Pending
From video
It Started: The Worst Oil Crisis In 40 YEARS 00:09:27 - 00:09:45
Interpreted Prediction
A strong jobs report (236,000 jobs added) is seen by the stock market as a negative indicator, as it provides the Federal Reserve with more reason to raise interest rates to cool down an overheating economy.

Prediction Details

Topic
Interest Rates

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