ACTV - What Friday's Jobs Figures Really Mean

2023-03-14 04:53:00 ET

Summary

• Last Friday, the Labor Department revised both their December and January payroll reports by a total of 34,000 jobs, from 260,000 down to 239,000 in December, and from 517,000 down to 504,000 in January.
• So far, the Fed has been remarkably quiet about surging Treasury yields and the fact that the yield curve is the most inverted it has been in over 41 years (since September 18, 1981).
• As more auto manufacturers make electric vehicles, Tesla is facing more competition, but at least Tesla is striving to boost its market share with price cuts.

For further details see: