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QQEW - Week Ahead: U.S. Jobs Hiring Spree Suggests Reflation Trade Is Back
First Trust NASDAQ-100 Equal Weighted Index Fund
The US economy is about to run hot as a hiring spree has officially started.
It will take several months of massive job gains to alter the Fed's stance, so investors can feel confident that an ultra-accommodative stance will remain in place throughout the summer.
Economic data that will be closely watched includes Monday's Factory Orders release and final durable goods orders data.
It will be an abbreviated week in the UK, with the financial markets closed for Easter Monday. PMI reports will be in focus next week.