Heading into today s closely watched payrolls report which as we reported earlier was expected to show a sharp improvement in the labor market, it seemed that stocks were faced with a lose-lose dilemma: a strong number would boost inflation fears further, sending yields higher and crashing stocks; a bad number and the recovery narrative would be hammered as virus fears returned, hammering stocks.
So as traders were busy navigating this tricky mind maze, moments ago the BLS reported that as expected, in February the jobs picture improved dramatically, with the US adding a whopping 379K jobs, nearly double the 198K consensus estimate!
Business rates relief cap puts stores at risk, says Mike Ashley s Frasers Group | Dumbarton and Vale of Leven Reporter
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Business rates relief cap puts stores at risk, says Mike Ashley s Frasers Group | Burnham and Highbridge Weekly News
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