ADP Jobs Report Comes In-Line
All evidence pointing towards an improving economy should be good news for stocks. But, as we saw with the market’s reaction on Tuesday to the minutes of the Fed’s last meeting, favorable movement on the economy’s front also means less support from the Fed going forward. This morning’s strong labor market reading from payroll [...]
All evidence pointing towards an improving economy should be good news for stocks. But, as we saw with the market’s reaction on Tuesday to the minutes of the Fed’s last meeting, favorable movement on the economy’s front also means less support from the Fed going forward.
This morning’s strong labor market reading from payroll processor Automatic Data Processing (NYSE:ADP) further confirms the economy’s strengthening fundamentals. Whether investors perceive this as good news or bad … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards