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Markets react after strong U.S. jobs report
January’s U.S. jobs report soared above expectations, with the
lowest unemployment rate in over 50 years. Yet, stocks fell last Friday in
response to the news. This episode, Stu Kedwell, Co-Head of North American
Equities, discusses the market reaction to these positive employment
numbers, and if this will change the direction of interest rates. Stu also
talks about earnings reports so far this quarter, and what it says about
these broader economic themes at play. (Recorded: February 6, 2023)
To
view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/markets-react-after-strong-us-jobs-report/detail.
View all episodes
By RBC Global Asset Management (RBC GAM)January’s U.S. jobs report soared above expectations, with the
lowest unemployment rate in over 50 years. Yet, stocks fell last Friday in
response to the news. This episode, Stu Kedwell, Co-Head of North American
Equities, discusses the market reaction to these positive employment
numbers, and if this will change the direction of interest rates. Stu also
talks about earnings reports so far this quarter, and what it says about
these broader economic themes at play. (Recorded: February 6, 2023)
To
view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/markets-react-after-strong-us-jobs-report/detail.