Weak employment numbers sow doubt

Weak employment numbers sow doubt
Local News

By scott miller

Over the past few weeks, investors and analysts have parsed lackluster news about, among other things, fourth quarter GDP, retail sales and business investment, but there has been one consolation: jobs.On Friday, however, an unexpectedly weak employment report sowed seeds of doubt about the current state of the United States economy, while probably pushing the date for the Federal Reserve’s first rate hike since 2008 back to September, if not later. With the stock market closed for Good Friday, investors had the weekend to digest the report, but the bond market was open on Friday and the yield on the …

Source:: Vail Daily Feed